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A lessor and a lessee are negotiating the terms of a new lease with the lessee guaranteeing the residual value. What would be the impact

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A lessor and a lessee are negotiating the terms of a new lease with the lessee guaranteeing the residual value. What would be the impact on the amount of the annual payments under each of the following independent assumptions? In one phrase, explain why. a. decrease in estimated residual value b. decrease in interest rate c. increase in estimated fair market value at beginning of lease

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