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Problem 1 APY=12.00% On October 25, 2019, 1 bought a 1967 Mustang for 59,500. Over the next several Fed Free to use this space months
Problem 1 APY=12.00% On October 25, 2019, 1 bought a 1967 Mustang for 59,500. Over the next several Fed Free to use this space months I fixed it us by making the following investments: Finally, I sold the car on August 19,2020 for 523,500 . I could have earned 12.00% (APY) on an investment of similar risk, (See Note on Uneven TVM Calculations attached to this assienment) BE SURE YOUR FORMULAS DO NOT HAVE NUMBERS IN THEM - CEL.. REFERENCES ONLY! a. What is the NPV of the investreat given this outcome? b. What is the IRR? c. What is the most I should have initially paid for the ear to just break even on an NPV basis
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