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1.Which lease has the LOWEST effective rent? Lease Year 1 Year 2 Year 3 Year 4 Year 5 A 10 11 12 13 14 B

1.Which lease has the LOWEST effective rent?

Lease

Year 1

Year 2

Year 3

Year 4

Year 5

A

10

11

12

13

14

B

0

13

14

15

16

C

0

0

20

20

22

D

15

14

13

12

11

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