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Business, 31.07.2019 18:10 madisynivy6

Suppose that abdul opens a coffee shop. he receives a loan from a bank for $100,000. he withdraws $50,000 from his personal savings account. the interest rate on the loan is 8%, and the interest rate on his savings account is 2%.refer to scenario 13-4. abdul's annual implicit cost of capital isa. $8,000. b. $4,000. c. $2,000. d. $1,000.

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Suppose that abdul opens a coffee shop. he receives a loan from a bank for $100,000. he withdraws $5...
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