Question: Please solve all. Will give thumbs up if so You have saved $3,000 for a down payment on a new car. The largest monthly payment

Please solve all. Will give thumbs up if so  Please solve all. Will give thumbs up if so You have
saved $3,000 for a down payment on a new car. The largest
monthly payment you can afford is $300. The loan will have a
9% APR based on end-of-month payments. What is the most expensive car

You have saved $3,000 for a down payment on a new car. The largest monthly payment you can afford is $300. The loan will have a 9% APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 48 months? For 60 months? Do not round intermediate calculations. Round your answers to the nearest cent. Financed for 48 months: $ Financed for 60 months: $ A rookie quarterback is negotiating his first NFL contract. His opportunity cost is 8%. He has been offered three possible 4-year contracts. Payments are guaranteed, and they would be made at the end of each year. Terms of each contract are as follow Contract 1 $3,000,000 $3,000,000 $3,000,000 $3,000,000 Contract 2 $2,500,000 $3,000,000 $4,500,000 $5,500,000 Contract 3 $6,000,000 $1,000,000 $1,000,000 $1,000,000 As his adviser, which contract would you recommend that he accept? Select the correct answer. ca. Contract 3 gives the quarterback the highest present value; therefore, he should accept Contract 3. b. Contract 1 gives the quarterback the highest present value; therefore, he should accept Contract 1. c. Contract 2 gives the quarterback the highest present value; therefore, he should accept Contract 2. d. Contract 1 gives the quarterback the highest future value; therefore, he should accept Contract 1. e. Contract 3 gives the quarterback the highest future value; therefore, he should accept Contract 3. You read in The Wall Street Journal that 30-day T-bills are currently yielding 4.6%. Your brother-in-law, a broker at Safe and Sound Securities, has given you the following estimates of current interest rate premiums: Inflation premium - 3.50% Liquidity premium - 1.2% Maturity risk premium - 2.00% Default risk premium - 2.00% On the basis of these data, what is the real risk-free rate of return? Round your answer to two decimal places. % A Treasury bond that matures in 10 years has a yield of 4.50%. A 10-year corporate bond has a yield of 9.00%. Assume that the liquidity premium on the corporate bond is 0.40%. What is the default risk premium on the corporate bond? Round your answer to two decimal places

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