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Your opportunity cost of funds is 12 percent. Would you finance a $20,000 car at 6% a year for two years (monthly payments) or would
Your opportunity cost of funds is 12 percent. Would you finance a $20,000 car at 6% a year for two years (monthly payments) or would you take a $1500 rebate?
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
