14. Comparing Interest Rates. Suppose you can borrow money at 8.6% per year (APR) com- pounded semiannually

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14. Comparing Interest Rates. Suppose you can borrow money at 8.6% per year (APR) com- pounded semiannually or 8.4% per year (APR) compounded monthly. Which is the better deal? (L05)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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