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In a typical auto lease contract, what are the following? What is the gross (total) capitalized cost? Do you want this to be high or

In a typical auto lease contract, what are the following?

  1. What is the gross (total) capitalized cost? Do you want this to be high or low?
  2. What is the residual value? Do you want this to be high or low?
  3. What is Depreciation? Do you want this to be high or low?
  4. What is the Rent Charge?
  5. Name the three components of an auto lease payment

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