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John Deere, an equipment manufacturer, offered buyers a payment choice between the following two: (1)...

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John Deere, an equipment manufacturer, offered buyers a payment choice between the following two: (1) receiving $4,000 off a base price of $88,745 if the buyer pays cash (2) receiving 0 percent financing on a four-year loan and the buyer will pay the base price. That is, the buyer is offer a loan of $88,745 to purchase the equipment today and will repay $88,745 four years later. The buyer should always choose option 1 if (multiple answers, choose all correct ones) Select one or more: a. As long as the buy has $84,745 own cash b. If the buyer has $84,745 cash and an investment opportunity with expected rate of return less than 1.16%. c. If the buyer has $84,745 cash and an investment opportunity with expected rate of return greater than 1.16%. d. If the buyer doesn't have $84,745 cash and can get a bank loan with 0.5% interest rate. e. If the buyer doesn't have $84,745 cash and can get a bank loan with 2.5% interest rate

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