Question: We assume a bargain purchase option will be exercised when: Group of answer choices The lessee can purchase the asset for a price lower than

We assume a bargain purchase option will be exercised when:
Group of answer choices
The lessee can purchase the asset for a price lower than expected fair market value at the end of the lease.
The leased asset is transferred to the lessee at the end of the lease.
The fair market value of the leased asset is significantly higher than its book value at the end of the lease.
The exercise price is sufficiently lower than the property's expected fair market value at the date the option becomes exercisable.

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