A lessee does not have to pay to buy the leased asset. Thus its said that leases

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A lessee does not have to pay to buy the leased asset. Thus it’s said that “leases provide 100 percent financing.” Explain why this is not a true advantage to the lessee.

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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