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Which of the following would not be considered a capital lease? A) A lease with a purchase option with a heavily discounted price B) A

Which of the following would not be considered a capital lease? A) A lease with a purchase option with a heavily discounted price B) A lease where the present value of the lease payments at market interest rates exceeds 90% of the fair market value of the equipment C) A lease that transfers ownership at the end of the lease D) A lease that extends for 70% of the equipment's useful life

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