Equipment trust certificates are in essence-form of leasing

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Reference no: EM13829039

1. Equipment trust certificates are, in essence, a form of leasing.

True

False

2. Positive net present value projects provide returns in excess of what financial markets require.

True

False

3. A project is acceptable if the required rate of return exceeds the internal rate of return.

True

False

Reference no: EM13829039

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