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5 pts Question 12 Jim sold a car and accepted a note promising cash flows of $1,000 at the end of Year 1. and $2,000

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5 pts Question 12 Jim sold a car and accepted a note promising cash flows of $1,000 at the end of Year 1. and $2,000 at the end of Years 2, 3, and 4 as his payment. What was the effective price he received for the car, assuming an interest rate of 6.90%? Your answer should be between 4,715.00 and 6,525.00, rounded to 2 decimal places, with no special characters. Question 13 5 pts Bill paid $10,000 (at CFO) for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum payment of $12,350 at the end of the 5th year. What is the expected rate of return on this investment? Your answer should be between 8.12 and 21.96, rounded to 2 decimal places, with no special characters

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