2. Finance
3. suppose that as a lease you just signed a lease...

# Question: suppose that as a lease you just signed a lease...

###### Question details

Suppose that, as a lease, you just signed a lease to pay $1,000 per month (Annuity due) for 5 years. Simultaneously, you can sublease the property for$1,800 per month (Annuity due) for 5 years. What is the value of your leasehold interest at a discount rate of 12%?

a. $35,987 b.$36,324

c. $37,893 d.$38,329