Ivanhoe Corp., a lessee, entered into a non-cancellable lease agreement with Galt Manufacturing Ltd., a lessor, to lease specialpurpose equipment for a period of seven years. Ivanhoe follows IFRS and Galt follows ASPE. The following information relates to the agreement: The leased equipment reverts to Galt at the end of the lease, although Ivanhoe has an option to purchase it at its expected fair value at that time. Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE. Ivanhoe Corp., a lessee, entered into a non-cancellable lease agreement with Galt Manufacturing Ltd., a lessor, to lease specialpurpose equipment for a period of seven years. Ivanhoe follows IFRS and Galt follows ASPE. The following information relates to the agreement: The leased equipment reverts to Galt at the end of the lease, although Ivanhoe has an option to purchase it at its expected fair value at that time. Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE