Hargreaves Rent or Buy That is the question
decisions that businesses make when renting or buying equipment items such as cars or computers. Both involve financing and investment and are described by Solis and Shahrokhi (1989) as hybrid capital budgeting decisions. Brealy and Myers (2000) state that the decision rule should be clear in concept. Buy the asset if the equivalent annual cost of ownership is less than the lease rate you can get from an … ................
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