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2 points Each (10 Points Total) Q1) Suppose you signed a contract for a special assignment over the next 15 years. You will be paid

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2 points Each (10 Points Total) Q1) Suppose you signed a contract for a special assignment over the next 15 years. You will be paid $25,406 at the end of each year. If your required rate of return is 19.00%, what is this contract worth in today? Q2) You need a loan to purchase new equipment. The loan will be paid off over 15 years with payments made at the end of every quarter. If the stated annual rate is 15.00% and quarterly payments are $961, what is the loan amount? Q3) You would like to purchase a car for $29,538. If the car loan is 15.00% financed over 6 years, what will the monthly payments be for this car? Q4) What is the most that you would pay for an investment that promises to pay $9,606 a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is 07.00% Q5) A loan has a stated annual rate of 17.00%. If loan payments are made monthly and interest is compounded monthly, what is the effective annual rate of interest

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