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    Principles of Managerial Finance
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    Exam 17: Hybrid and Derivative Securities
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    A Lease Under Which a Lessor Owns or Acquires the Assets
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A Lease Under Which a Lessor Owns or Acquires the Assets

Question 23

Question 23

Multiple Choice

A lease under which a lessor owns or acquires the assets that are leased to a given lessee is called a(n)


A) operating lease.
B) financial lease.
C) sale-leaseback arrangement.
D) direct lease.

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