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yawa3891 [41]
3 years ago
5

Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the leas

e will be $2,468. The first payment will be at the end of the current year and all subsequent payments will be made at year-ends. If the discount rate is 5%, the present value of the lease payments is closest to (Ignore income taxes.):
See separate handout to determine the appropriate discount factor(s) using table.

A) $12,528

B) $14,103

C) $14,808

D) $11,050
Business
1 answer:
pychu [463]3 years ago
5 0
The answer is B because if you times 2468 by 6 and you take away the 5% of discount you get ur answer
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Answer: b. can be used to purchase approximately the same amount of goods over time.

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Suppose the local market for legal services has an upward sloping supply curve, PL = 150 +0.0001QL where PL is the price of lega
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Answer:

C) $50,000,000

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8 0
3 years ago
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