If interest rates are High by historical standards, being a savvy Financial Manager aiming to increase your company's bottom line (i.e. Net Profits) what executive decision are you going to favor among the three options presented to you for the replacement of a company owned critical asset that needs replacement. Select among the choices below and provide a very short explanation to support your decision?

A) Finance the purchase of a replacement asset

B) Lease the asset for 5 years C) Don't replace the asset now but wait until interest rates come down to more attractive levels