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120 Derek plans to buy a $29,136.00 car. The dealership offers zero percent financing for 56.00 months with the first payment due at signing (today).

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120 Derek plans to buy a $29,136.00 car. The dealership offers zero percent financing for 56.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $ cash back. He can borrow money from his bank at an interest rate of 4.67%. Submit Answer format: Currency: Round to: 2 decimal places 21 Assume a par value of $1,000. Caspian Son plans to issue a 11.00 year, semi-annun pay bond that has a coupon rato of 8.15%. If the yield to maturity for the bond is 7.67%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places

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