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Suppose you were researching about direct and leveraged leases and found the following leverage lease announcement: This announcement appears as a matter of record only
Suppose you were researching about direct and leveraged leases and found the following leverage lease announcement:
This announcement appears as a matter of record only MLI $3,605,100 Muster Laboratories Inc. 10 Year Leveraged Lease of 12 MRI Machines Equity Funds of $1,081,530 were provided by Liberal Credit Company Debt funds of $2,523,570 were provided by institutional lenders Weghorst Co. & Counter Credit Co. The undersigned arranged the financing for this leveraged lease transaction. Hack Wellington Associates Scorecard Corporation Answer the following based on your understanding of leveraged leases: Which company is the equity trustee in this agreement? Liberal Credit Co. Counter Credit Co. Hack Wellington Associates Muster Laboratories Inc. Which companies bought the bonds from the lessor and provide debt financing for the purchase of the equipment? Muster Laboratories Inc. and Scorecard Corp. Hack Wellington Associates and Scorecard Corp. Liberal Credit Co. and Hack Wellington Associates Weghorst Co. and Counter Credit CoStep by Step Solution
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