You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common

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answerhappygod
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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common

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You work for a nuclear research laboratory that is contemplatingleasing a diagnostic scanner (leasing is a very common practicewith expensive, high-tech equipment). The scanner costs $5,800,000,and it would be depreciated straight-line to zero over five years.Because of radiation contamination, it actually will be completelyvalueless in five years. You can lease it for $1,370,000 per yearfor five years. Assume that your company does not anticipate payingtaxes for the next several years. You can borrow at 6 percentbefore taxes. What is the NAL of the lease?
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