Does the choice of discount rate (i. e., the lessees incremental borrowing rate versus the lessors implicit

Question:

Does the choice of (i. e., the lessee’s incremental borrowing rate versus the lessor’s implicit rate) materially affect lease valuation for the lessee?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...