Quiz Ch 05 – Determining the Type of Loan Based on Cash Amount and Payment Terms

Essentials of Corporate Finance

Ross, Westerfield, and Jordan

10th Edition

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Cindy is obtaining a loan today, and the cash amount she receives is equivalent to the present value of a lump sum payment she must repay in two years. What type of loan does this scenario represent?

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  • Search Terms: a amortized c) amount be cash cindy compound e) discount equal from interest-only d) is loan lump of out pay payment present principal-only b) pure receiving required she sum taking that the this? a) to today. two type value which will years
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