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a.) 5.20 % b.) 6.83 % c.) 7.94 % d.) 9.08 % 8. Your firm has been told that it needs $100,000 today to fund
a.) 5.20 %
b.) 6.83 %
c.) 7.94 %
d.) 9.08 %
8. Your firm has been told that it needs $100,000 today to fund a $150,000 expansion project 8 years from now. What rate of interest was used in the present value computation? () a.) b.) C) Od) 5.20 % 6.83 % 7.94 % 9.08 %Step by Step Solution
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