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or a lease, the lease term is 50% of the economic life of the asset, there is no bargain purchase option, ownership does not transfer,
or a lease, the lease term is 50% of the economic life of the asset, there is no bargain purchase option, ownership does not transfer, and the asset is not specialized. The present value of lease payments is 95% of the assets fair value. To the lessor, this is a(an) _________ lease (enter the number that represents the correct answer).
- finance lease
- operating lease
- sales-type lease
- capital lease
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