What elements must be included in a lease

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Reference no: EM131317600

1. Explain how uncertainty concerning future interest rates would affect the decision to refund a bond issue.

2. Define the following: direct lease, sale-leaseback arrangement, leveraged lease, and financial (capital) lease.

3. What elements must be included in a lease in order for it to be considered a financial (capital) lease?

Reference no: EM131317600

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