in two phrases What is the issue with using the cost of debt as the discount rate for analyzing the leasing/purchase dec

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answerhappygod
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in two phrases What is the issue with using the cost of debt as the discount rate for analyzing the leasing/purchase dec

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in two phrases
What is the issue with using the cost of debt as the discount rate for analyzing the leasing/purchase decision?
Be sure to mention the timing or sequencing problem
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