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ut: 2.00.00 Time Left:15800 Zen SharAttempt 2) Selling the debt at less than par value 24 3) A reduction in project risk 27 4) A

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ut: 2.00.00 Time Left:15800 Zen SharAttempt 2) Selling the debt at less than par value 24 3) A reduction in project risk 27 4) A decrease in the marginal tax rate O Question 41 (5 points) Mary has a credit card with a 19.75% interest rate (APR). 17 days prior to her account payment date, she withdraws $500 from the card. What will be the amount she will owe on the payment date? (Hint: Credit card interest is based on daily compounding). Show the calculations used to answer this question. Question 42 (5 points) Briefly explain why the Canada Revenue Agency (CRA) requires businesses to pay tavas based on Capital Cost Allowance and not based on Accounting Depreciation

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