Which of the following statements about lease analyses is most correct?

The appropriate discount rate for the lessor is the lessors cost of equity.

The appropriate discount rate for the lessor is the lessors corporate cost of capital.

The appropriate discount rate for the lessor is the lessors cost of debt.

The appropriate discount rate for the lessee is the lessees corporate cost of capital.

The appropriate discount rate for the lessee is the lessees cost of debt.