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QUESTION 7 Shane expects to incur the following cash outflows during the following year: Down payment on a condo next year $30,000 Travel $3,000 Purchase

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QUESTION 7 Shane expects to incur the following cash outflows during the following year: Down payment on a condo next year $30,000 Travel $3,000 Purchase car for nephew $12,000 Rent $14,000 The liquidity constraint for Shane is closest to: $15,000 $29,000 $45,000 $59,000

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