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a. c. 9. An example of a positive cash flow shock is when an essential piece of equipment breaks down b. when an unexpected large

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a. c. 9. An example of a positive cash flow shock is when an essential piece of equipment breaks down b. when an unexpected large order is received from a customer when the is a sudden increase in the cost of your supplies d. when a customer does not pay a large invoice 10. Consider a loan with a one-year maturity with a principal amount of $1,000, a 1% loan origination fee and an 8% annual percentage rate. What is the effective annual rate? 8.0% b. 1.0% c. 2.1% d. 9.1% a

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