Question: From the lessee's perspective, lease payments may include: 1. a penalty for failure to renew. II. maintenance costs. III. a purchase option (price) that

From the lessee's perspective, lease payments may include: 1. a penalty for

From the lessee's perspective, lease payments may include: 1. a penalty for failure to renew. II. maintenance costs. III. a purchase option (price) that lessee is reasonably certain to exercise. IV. an unguaranteed residual value. I, III and IV. II, III, and IV. I, II, and IV. I and III. I, II, and III.

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