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Identify the correct statement about leasing: Lessee pay lease fees to the lessor All of these statements correct Lessee is the owner of the asset

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Identify the correct statement about leasing: Lessee pay lease fees to the lessor All of these statements correct Lessee is the owner of the asset Lessor has the right to use the asset On 1st of January 2006, Bank Muscat issued bond for OMR 75,000 for a period of 15 years. But due to decreased in the interest rate Bank Muscat repaid the bond holders on 31st December 2014. Identify that which type of bond Bank Muscat had issued: Term bond Serial bond Callable bond Non-Callable bond Finish attempt

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