Select one: a. In a perfect market, the cost of leasing and then purchasing the asset is higher than the cost of borrowing to purchase the asset. b. Because we are getting the entire asset when we purchase it with the loan, the loan payments usually are higher than the lease payments. c. The amount of the lease payment will depend on the purchase price, the residual value, and the appropriate discount rate for the cash flows. d. With a standard loan we are financing the entire cost of the asset; with a lease we are financing only the cost of the economic depreciation of the asset during its life