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14. In calculating the present value of the minimum lease payments, IFRS requires the lessee should (3 Points) use either its incremental borrowing rate or
14. In calculating the present value of the minimum lease payments, IFRS requires the lessee should (3 Points) use either its incremental borrowing rate or the interestrate implicitin the lease, whichever is higher use either its incremental borrowing rate or the interest rate implicit in the lease, whichever is lower. use the interest rate implicit in the lease whenever this is reasonably determinable, otherwise use the lessee's incremental borrowing rate use its incremental borrowing rate in all cases
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