2. A new small truck is offered for sale for $16,00 month closed-end lease for $280 per month. If t kept for 6 years and it is expected to be sold leased there will be a $1,500 lease signing fee years and returned to the dealer with no cash truck will be leased with the same lease signin years, and at the end of that lease the truck will no cash payments. Draw the cash flows for the option. Find the effective interest rate per mor flows for each option over the 6-year period. A maintenance costs for these two options are ex

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