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1. Coastal Family Physicians Group has come to your organization and asked to borrow $1,382,000 so that they might expand and upgrade their facilities. They

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1. Coastal Family Physicians Group has come to your organization and asked to borrow $1,382,000 so that they might expand and upgrade their facilities. They have agreed to repay you $1,845,000 at the end of six years (a balloon payment). What would you recommend and why? (be detailed) 2. A business investment pays 5.5% interest, compounded monthly. What is the effective annual rate of this opportunity? If you currently have your investments in a CD compounded annually and earning 5.8% interest, which is the better investment

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