Professor considering buying a new car and evaluates two models, one with air conditioning and comfort package, and not in another extras. Two cars are relatively close in price but still above its initial budget, and he wonders how he could negotiate the price. A factor that complicates the matter is that the car with the comfort package has a lower interest rate. Professor, therefore, must understand that the net present value of the difference in the two payment plans. "Hide
by Fredrik Odegaard Source: Richard Ivey School of Business Foundation 2 pages. Publication Date: November 12, 2009. Prod. #: 909E25-PDF-ENG
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