1. Baldwin would like to borrow money to buy a car after graduation. If Baldwin makes payments of $200 per month starting one month from now at an interest rate of 3%, how much will she be able to borrow today if you financed it over three years?
Please show how this would be calculated using a financial calculator (i.e. N, I/Y, PV, PMT, FV).
2. Saito Solar- Which other valuation methods could be used to determine the value of the firm? Elaborate on the aspects of those valuation methods.