Fillable a generation of bias against leasing form

A GENERATION OF BIAS AGAINST LEASING Gary M. Andrew and Dennis J. Gilstad I. INTRODUCTION In a recent discussion of leasing analysis, a finance officer in a Class I railroad said, "Whenever my people bring me an analysis that recommends leasing over purchase, I tell them they made a mistake and to go back and rework the numbers!" Bias such as this is neither new nor unpredicted given the many...
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