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under which a
borrows some or most of the
to finance the
to be leased to a
. In this
provided by the
to the lessor, (2) the lender holds the
to the leased asset, and (3) the lessee's payments are assigned to the lender who can repossess the leased asset in case of a
. Leveraged leases are true (tax oriented) leases because the lessor enjoys all the tax benefits of
(such as depreciation) whereas the lessee can
letter of credi...
pro forma invoi...
net present val...
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