Rework Problem 51 assuming that the loan agreement calls for a principal reduction of $23,000 every year

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Rework Problem 51 assuming that the loan agreement calls for a principal reduction of $23,000 every year instead of equal annual payments.
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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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