Question: When is it appropriate for the lessee to use the lessor's implicit rate to calculate the present value of the lease payments?Question 17 options:a)whenever the

When is it appropriate for the lessee to use the lessor's implicit rate to calculate the present value of the lease payments?Question 17 options:a)whenever the lessee knows what the lessor's rate isb)when the lessee's incremental borrowing rate is lower than the lessor's ratec)when the lessor's implicit rate is lower than the lessee's incremental borrowing rated)when the lessor's rate is higher than the lessee's incremental borrowing rate

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