Question: You sold a car and accepted a note with the following cash flow stream as your payment.Years:CFs:What was the effective price you received for the

You sold a car and accepted a note with the following cash flow stream as your payment.Years:CFs:What was the effective price you received for the car assuming an interest rate of 6.0%?(13 marks)b. Explain whether the following statement is true or false: The present value of a future sum increases as either the discount rate or the number of periods per year increases, other things held constant.

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