XD Yield to Maturity (YTM) | Definition, formula and example Question 6 6.25 pts Suppose that you have the option to lease a new car, which you can otherwise purchase for $21,000. The lease terms: $3000 down and payments of $319 per month for 48 months, at the beginning of each month. Upon termination, you can purchase the car for an additional payment of $7000 at lease expiration. If your financing rate is 9% APR, and you intend to finance the purchase of the car, how much do you gain (+) or lose (-) by buying the car instead of using the lease-purchase option? Question 7 6.25 pts Suppose that you can purchase a car for $21,000 cash, but the dealer offers to sell you the car for 2000 down, and $440/mo. paid at the end of the month for 48 months. Based on a rate of 5.2% APR, how much do you gain (+) or lose (-) by paying cash for the car instead of accepting his financing terms? Question 8 6.25 pts