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Which of the following would NOT be considered an advantage that an investor might consider under a sale-leaseback of land? The sale-leaseback in effect provides

Which of the following would NOT be considered an advantage that an investor might consider under a sale-leaseback of land?

The sale-leaseback in effect provides 100 percent financing on the land.

Lease payments are tax deductible.

It frees up capital from owned real estate

The land may appreciate over the holding period.

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