# Corporate Fiance

Given an annual lease payment of \$438,020 find the rate of return earned by the lessor on a 3 year, \$1 million (present value) capital lease. Please don't show me how to solve this by using a financial calculator!! Please show me step by step how to do this.thanks

## Similar Questions

1. ### Accounting

I am given several hypothetical amounts and interest rates and need to find the amount of the rental payments. (Lessee-Lessor Entries; Sales-Type Lease) On January 1, 2011, Palmer Company leased equipment to Woods Corporation. The
2. ### Finance

I need help with this finance homework question PLEASE! Any help greatly appreciated! Your firm has been presented a leasing alternative on a new pizza dough machine. The annual lease payments would be \$135m. Tax rate is 40%. The
3. ### college maths

on an annual renewal lease, the quarterly lease payment on office space is \$1600 payable in advance. what equivalent yearly payment made in advance would satisfy the lease if the interest is 6.5% compounded quaterly?
4. ### Accounting

The City of Jamestown has agreed to acquire a new city maintenance building under a capital lease agreement. At the inception of the lease, a payment of \$100,000 is to be made; nine anual lease payments, each in the amount of
5. ### Financial Math

Suppose that you decide to lease a car. At the end of the 48-month lease period, you need to make a lump-sum payment of \$5000 if you want to keep the car. You decide to save up, just in case you decide to keep the car; if you
6. ### Accounting

On June 30, 2011, Georgia-Atlantic, Inc., leased a warehouse facility from IC Leasing Corporation. The lease agreement calls for Georgia-Atlantic to make semiannual lease payments of \$585,423 over a three-year lease term, payable
7. ### ACC 400

Case 13-4 Application of SFAC No. 13 On January 1, 2006, Lani Company entered into a non cancelable lease for a machine to be used in its manufacturing operations. The lease transfers ownership of the machine to Lani by the end of
8. ### Finance

Sutton Corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a 5 year, \$6,000,000 bank loan to finance service equipment. The loan has an interest rate of 10% and would be amortized over 5 years,
9. ### accounting

Can someone check my answers. A car dealership gives customers the choice of buying or leasing its cars. The cars cost \$20,000 and are sold for \$25,000. The standard lease contract is for four years, with the first payment made at
10. ### math

Big Sky Mining Company must install \$1.5 million of new machinery in its Nevada mine. It can obtain a bak loan for 100% of the purchase price, or it can lease the machinery. Assume the following facts apply: a) The machinery fall

More Similar Questions