Executory costs should be excluded by the lessee in computing the present value of the minimum lease payments.

Name: Executory costs should be excluded by the lessee in computing the present value of the minimum lease payments.
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Executory costs, such as maintenance and insurance expenses, should not be included in the minimum lease payment when computing the present value of the lease payments. These costs are typically paid separately by the lessee and not included in the lease agreement.

Executory Costs Should Be Excluded by the Lessee in Computing