Hideki Homes Limited has several projects for the coming year, all with positive NPV. One of the projects is the purchase of a fleet of backhoes at a cost of $900,000. Hideki’s before tax cost of debt is 9% and tax rate is 40%. They have approached FRA Leasing Inc to inquire about leasing the backhoes instead of purchasing.

Sep 8, 2023

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Hideki Homes Limited has several projects for the coming year, all with positive NPV. One of the projects is the purchase of a fleet of backhoes at a cost of $900,000. Hideki’s before tax cost of debt is 9% and tax rate is 40%. They have approached FRA Leasing Inc to inquire about leasing the backhoes instead of purchasing.
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