Use the Table for the Question(s)below

question 86

Multiple Choice

Use the table for the question(s) below.
Danby Construction is considering leasing a new crane for the next 5 years.Danby has created the following table of cash flows to help with the decision:

-If Danby's borrowing cost is 9%,and its tax rate is 30%,what is the NPV of leasing versus borrowing?

• A)$156,032
• B)$175,382
• C)$308,968
• D)-$363,441
• E)$289,618

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Definitions:

Protective Covering

A layer or structure that serves to shield or guard an organism or part of an organism from harm or injury.

Eyeball

The spherical part of the eye that contains the optic structures and is responsible for vision.

Sclera

The white outer layer of the eyeball, providing protection and structure.

Nasolacrimal Duct

The passageway that drains tears from the eye into the nasal cavity, allowing for tear drainage.