Question: correctly When applying the present value test, lease payments determined by the lessee include: I. fixed payments. Il.variable payments based on an index. I1I. a

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When applying the present value test, lease payments determined by the lessee include: I. fixed payments. Il.variable payments based on an index. I1I. a bargain purchase option. IV. a guaranteed residual value. I 1l,and IV. [ 111, and IV I 11, and IV. [, 1l,and [11

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