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A lessor has a sales-type lease with a GRV of 50. Based on previous history with this lessee, the lessor expects the asset to be

  • A lessor has a sales-type lease with a GRV of 50. Based on previous history with this lessee, the lessor expects the asset to be worth 10 when it is returned. How would you incorporate this residual value information (if at all) when calculating the present value of the lease receivable?

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