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Solutions To 18 and 19
Solutions To 18 and 19
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To find the minimum rental the lessor would accept, we sum these three
components, set this total NPV equal to zero, then solve for P:
100 + (P 4.2149) + 28.092 = 0
Thus, P is equal to 17.06 or $17,060, which is the minimum lease payment
the lessor will accept.
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5
0 t
t
$59,500 or 59.5
1.08
62
250 NPV
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7
1.10
1
1.10
1
1 P 100 NPV
4.2149 P
1.065
1
1.065
1
1 .35) 0 (1 P
7
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