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Assume that Caribou Coffee purchases a new espresso machine today in exchange for a $10,000 zero-interest-bearing note payable due 4 years from now. QUESTION: How

Assume that Caribou Coffee purchases a new espresso machine today in exchange for a $10,000 zero-interest-bearing note payable due 4 years from now.

QUESTION: How would you record the asset, assuming the market rate of interest is 9%? (using the financial calculator)

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