1 Jtm Is Considering Purchasing A Small Cessna For Corporate Travel The Price Is 700 000 The Dealer Is Offering A Pa 1 (18.13 KiB) Viewed 62 times
1 Jtm Is Considering Purchasing A Small Cessna For Corporate Travel The Price Is 700 000 The Dealer Is Offering A Pa 2 (43.27 KiB) Viewed 62 times
1. JTM is considering purchasing a small Cessna for corporate travel. The price is $700,000. The dealer is offering a payment plan in which JTM pays 50% down and finances the rest over 12 months at $30,499/month. What is the implicit financing rate? If JTM'S WACC is 7.9%, should it accept the financing offer?
A1 F G E Implicit cost of credit Enter your text answer in the box below. А B с D Price 2 Cash 3 Down payment 4 Monthly payment 5 Cash Flows 6 Cash price minus down payment 7 Mo. 1 8 Mo. 2 9 Mo. 3 10 Mo. 4 11 Mo. 5 12 Mo. 6 13 Mo. 7 14 Mo. 8 15 Mo. 9 16 Mo. 10 17 Mo. 11 18 Mo. 12 00
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