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You are considering an investment that will pay you $20,000 in two years and $40,000 in four years. If investors require a return of 11%,
You are considering an investment that will pay you $20,000 in two years and $40,000 in four years. If investors require a return of 11%, what price should it sell for?
Question 5 options:
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38,344
|
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46,821
|
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40,668
|
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48,681
|
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42,582
|
Your bank is offering to finance your new car purchase for 7 years at 14.95%. If you were to borrow $27,000 for the car, what would your payment be?
Question 6 options:
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$489
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$425
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$520
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$460
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$469
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