What are the key advantages of leasing as compared to, Finance Basics

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What are the key advantages of leasing as compared to

1. Comment on the following statement: A key benefit of leasing is that it allows for the effective depreciation of land.

2. How would the availability of floating-rate debt rather than fixed-rate debt affect the lease-versus-buy decision?

3. What are the key advantages of leasing as compared to borrowing to acquire an asset? What are the key disadvantages of leasing?

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