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Student06 Student06
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Air Canada sold an airplane and used the proceeds to improve its financial position. It then leased the airplane back in order to continue the use of the asset. This is an example of

▸ a short-term lease.

▸ a sale and leaseback.

▸ a leveraged lease.

▸ an operating lease.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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gronk44gronk44
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