Which of the following statements are true? Indicate the correct answer.
1. Tax shield on depreciation and interest is an important valuable both for lessor and lessee.
2. A lessee may evaluate the lease options as against the buying option.
3. Sale and lease back and leveraged lease are types of financial lease.
4. Lease or financing is a type of capital budgeting decision from the point of view of the lessee.
Select the correct answer

A. 1, 2 and 4

B. 2, 3 and 4

C. 1, 3 and 4

D. 1, 2 and 3

Answer: Option D