Solved by verified expert:17 corporate finance questions………………………………………………………
1523023032160_homework_vii.docx
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Homework VII
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Monthy rate is 0.592, 0.492, 0.292….annual rate of 6.1, 6.2. 5.9
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Pick one answer each from the red
Interest rate is 0.733, 0.633, 0.833 ..steel must pay $30,384, $35,184, $39,984 cost of the loan $40, 484,
$45, 284, $35, 684…….Interest rate per period is 0.943, 0.743, 0.843…..Effective annual rate is 9.3, 11.9,
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