2002 Volume 10 Issue 2 Pages 25-44
The purposes of this paper are as follows: (1) To examine the validity of nine existing methods of measuring leveraged lease transactions, including cases in which the non-recourse debt is liable to the lessor, (2) To propose valid methods of measuring leveraged lease transactions. The three-party financing lease method (The second method) is apprropriate for measuring leveraged lease transactions in cases in which the non-recourse debt is not liable to the lessor. The three-party financing lease method (The tenth method) is apprropriate for measuring leveraged lease transactions in cases in which the non-recourse debt is liable to the lessor.
