Question: JTM is considering purchasing a new 3-D printer costing $602,000. The manufacturer is offering a payment plan in which JTM pays 30% down and finances

JTM is considering purchasing a new 3-D printer costing $602,000. The manufacturer is offering a payment plan in which JTM pays 30% down and finances the rest over 12 months at $36,500/month. What is the implicit financing rate? If JTM's WACC is 7.5%, should it accept the financing offer? find cash price, down payment, monthly payment, cash price minus down payment, cash flows of months 1-12, implicit cost of credit. (in bullet point style)

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