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AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 6 Topic 1 Discussion

AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 6 Topic 1 Discussion

CTEP Exam Topic 1 Question 6 Discussion:
Question #: 6
Topic #: 1

If the NPV of buy alternative is Positive and the NPV of incremental lease effect is negative then the correct decision is to___________.


A.

Lease the Asset


B.

Buy the Asset


C.

Not use the Asset


D.

If the sum of the two NPV’s is positive, lease otherwise don’t use the asset


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