1. You have purchased 1 $40,000 honda CRv through a 60 month financing paln. The annual interst rate is 6%.You want to pay off the outstanding balance at the end of year 3.Hw much do you have to pay by then?
2. Which one of these actions is most apt to affect the total value of a stockholder's investment in the firm?
A) Enacting a two-for-one stock split
B) Forgoing a positive NPV project in order to increase the dividend amount
C) Paying a special dividend
D) Enacting a five-for-three reverse stock split
E) Repurchasing shares