Question
A 183 calendar day, 126 business day LFT was purchased at auction for the price of $982.00. Knowing that, in this period, the average SELIC
A 183 calendar day, 126 business day LFT was purchased at auction for the price of $982.00. Knowing that, in this period, the average SELIC rate was 19.10% pa, A- Calculate what was the amount redeemed considering that the VNA is $1,000? B- Calculate the effective interest rate considering the VNA is $1,000? C- the discount rate considering the VNA is $1,000?
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Bookkeeping All In One For Dummies
Authors: Consumer Dummies
1st Edition
1119094216, 978-1119094210
