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Question 1 In computing the present value of the lease payments, the lessee should O use the implicit rate in all cases O use its

Question 1 In computing the present value of the lease payments, the lessee should O use the implicit rate in all cases O use its incremental borrowing rate in all cases. O use the implicit rate of the lessor, assuming that the implicit rate is known to the lessee. O use both its incremental borrowing rate and the implicit rate of the lessor, assuming that the implicit rate is known to the lessee

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