Assume that both the lessor and the lessee have the same interest and tax rates andthere are no transaction costs. Given this, the best lease agreement results in:

a$.$ an NPV of zero for both parties.

b $.$ a benefit for both parties.

c$.$ a benefit for the lessee and a zero gain for the lessor.

d $.$ a loss for both parties.

e $.$ a benefit for the lessor and a zero gain for the lessee.