Solution Step 1-Calculate PV of Ownership $150000 PV=-$150000+ 0.30× PVIFA066 -$150000(7500×4917) $150000+$36877.50 -$11312250Solution Step 1 – Calculate PV of Ownership ( ) - $113122.50 - $150 000 $36 877.50 - $150 000 $7 500 4.917 0.30 PVIFA 6 $150 000 PV - $150 000 0.06,6 = = + = +              = + 