Interest You work for a jewellers and have sourced a good goldsmith who is able to sell

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Interest You work for a jewellers and have sourced a good goldsmith who is able to sell you 100 ounces of gold for £100,000. You approach your two main customers. Mr Noel says he will buy the gold from you in 6 months for

£104,000, whereas Ms Biggs tells you that she will be able to buy the gold from you in 2 years’ time for

£116,000. What is the annual percentage rate that Mr Noel and Ms Biggs are offering you?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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Question Posted: Jul 09, 2024 09:00 AM

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Interest You work for a jewellers and have sourced a good goldsmith who is able to sell

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Fundamentals Of Corporate Finance

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