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What quarterly lease payment will you calculate

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Question - Assume you want to lease a piece of equipment to a customer over a 5-year period with quarterly lease payments made at the beginning of each quarter. The typical sales price of the equipment is $250,000. The lease includes a bargain purchase option at the end of year 5 of $10,000 that you are reasonably certain the lessee will exercise. What quarterly lease payment will you calculate if you want to earn 6% per annum over the life of this lease?

Reference no: EM132489216

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