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What is the term for a material that catches on fire easily?
Implicit Rate Of Return
An interest rate that equates the present value of expected future cash flows of an investment to its initial cost.
Incremental Borrowing Rate
The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term the funds necessary to purchase an asset.
Capital Lease
A lease agreement that grants a lessee control over an asset for a substantial portion of its useful life, and is recorded as an asset and liability on the balance sheet.
Lease Rate
The amount charged under a lease agreement for the use of an asset, often expressed as a payment amount per period.
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