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Answered Same Day Dec 20, 2021

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David answered on Dec 20 2021

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QUESTION:
Briefly explain the rationale for a sale and leaseback and the advantages for firms engaging in
such an exercise.
SOLUTION:
A sale and lease back is an agreement whereby a legal instrument governing a transaction
wherein the owner of a property sells that property and then leases it back from the buyer. The
party that sells the asset becomes the lessee and the party that purchases the asset...

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