Question
Kent Wyatt bought a $40,000 car with a $3,000 down payment. The balance is financed by a manufacturers sale offering zero percent annual interest. If
Kent Wyatt bought a $40,000 car with a $3,000 down payment. The balance is financed by a manufacturers sale offering zero percent annual interest. If Kents opportunity cost is 8 percent, what is his weighted average cost of capital?
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Computational Finance And Its Applications
Authors: C. A. Brebbia, M. Costantino
1st Edition
1853127094, 978-1853127090
