Here are the choices for all three parts

You have decided to buy a modest car. You evaluate your options and find that you could buy the car with cash or invest the money earning approximately 4% per year, and then borrow money to buy the car with an interest rate of 8% per year. Identify the following: Cost of debt [Choose] Cost of equity [Choose] The best choice is to buy the car with [Choose] Cost of debt Cost of equity [Choose] 4% 3% an auto loan 6% 8% cash interest The best choice is to buy