Many lessors require a security deposit in the form of a cash payment or other pledged collateral.
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Many lessors require a security deposit in the form of a cash payment or other pledged collateral. Suppose Lambert requires Wildcat to pay a $600,000 security deposit at the inception of the lease. If the lease payment is still $1.95 million, is it advantageous for Wildcat to lease the equipment now?
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It depends on the terms of the lease agreement If the security deposit is refundable then it may be ...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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