If the A Company loans the B Company $100,000 for six months, with discount interest of 5%,
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If the A Company loans the B Company $100,000 for six months, with discount interest of 5%, what is the effective cost of this credit to B company?
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Related Book For
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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