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Business, 23.02.2021 05:10 naenae6775

Assume that Sonic Foundry Corporation has a contractual debt outstanding. Sonic has available two means of settlement. It can either make immediate payment of $2,512,000, or it can make annual payments of $289,600 for 15 years, each payment due on the last day of the year. Click here to view factor tables Which method of payment do you recommend, assuming an expected effective interest rate of 8% during the future period

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Assume that Sonic Foundry Corporation has a contractual debt outstanding. Sonic has available two me...
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