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You want to buy a new sports car for $60,000. The contract is in the form of a 60-month annuity due at an 8% APR.

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You want to buy a new sports car for $60,000. The contract is in the form of a 60-month annuity due at an 8% APR. What will your monthly payment be? $1,212.66 $1,208.53 $322.90 $867.32 A project has the following cash flows. What is the PI when the required return iss 10%? Year 0 1 2 3 CF -$5,000 $3,700 $3,300 $1,400 1.82 2.55 0.45 1.43 cash flow is the increase in cash generated by a new project above the current cash flow without the new project. O Incremental Discounted Opportunity cost Future A firm cannot go bankrupt for not declaring dividends. True False

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