Why cant the APR itself be used as a discount rate? AppendixcLO1

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Why can’t the APR itself be used as a discount rate?

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Corporate Finance The Core

ISBN: 9781292431611

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jul 31, 2024 08:03 AM

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Why cant the APR itself be used as a discount rate? AppendixcLO1

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Corporate Finance The Core

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