Consider a four year lease for 150,000 bottling machine with a residential market value of 45,000 at the end of four years if the risk-free interest rate is 5.9% APR with monthly compounding compute the monthly lease payment in a perfect market for the following leases
A. a fair market value
B. A $1.00 out lease
C. a fixed price lease with a 27,000 final price
Please list out the steps you take please.
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- Submitted On 22 May, 2018 05:02:28