Use the Information for the Question(s)below

question 22

Essay

Use the information for the question(s)below.
Suppose the purchase price of a bulldozer is $90,000,its residual value in four years is certain to be $15,000,and there is no risk that the lessee will default on the lease.Assume that capital markets are perfect and the risk-free interest rate is 6% APR with monthly compounding.
-Calculate the monthly lease payments for a four-year $1.00 out lease of the bulldozer.

---

Definitions:

End-result Ethics

A perspective in ethics focusing on the outcomes or consequences of actions to determine their morality, rather than the actions themselves or the principles behind them.

Greater Good

An action or policy prioritized for its benefit to the community or society as a whole, rather than to individuals.

Rule

A prescribed guide for conduct or action established by an authority, principle, or procedure that governs behavior.

Omission

The act of leaving out or excluding something, either intentionally or inadvertently, from consideration or action.