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In Griffith's experiments with Streptococcus pneumonia rough non-encapsulated Streptococci were converted into to smooth encapsulated Streptococci in the presence of the heat killed smooth encapsulated Streptococci.What is the term that describes this process?
Economic Life
The estimated period over which an asset is expected to be economically useful to one or more users.
Present Value
Present Value is the current worth of a future sum of money or stream of cash flows given a specified rate of return, reflecting the time value of money.
Capital Lease
A lease agreement that is treated like an asset purchase for accounting purposes, where the lessee obtains the benefits and risks of ownership.
Bargain Purchase Option
An option in a lease agreement that allows the lessee to purchase the leased item at a price significantly lower than its expected fair market value.
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