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7. Equipment leasing is a rapidly growing industry. Currently about 1/3 of the productive assets used by US firms are obtained through leasing process. Why

7. Equipment leasing is a rapidly growing industry. Currently about 1/3 of the productive assets used by US firms are obtained through leasing process. Why leasing is so popular with capital-intensive companies? I.e., what are possible benefits of leasing? Give one example of an industry where leasing would be substantially beneficial and one industry where leasing may not be as attractive.

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