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Which of the following statements about leasing is false? Lease financing is a substitute for debt financing. The two parties to a lease transaction are
Which of the following statements about leasing is false?
Lease financing is a substitute for debt financing. The two parties to a lease transaction are the lessee and lessor. In a lease analysis, the residual value is the estimated value of the leased asset at the end of the lease period. Operating leases often include maintenance of the leased asset. In a lease evaluation, the lessees IRR represents the before-tax percentage cost of the lease.
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