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A vacation property valued at $25,000 was bought for 30 payments of $1228 due at the end of every 6 months. What nominal annual rate
A vacation property valued at $25,000 was bought for 30 payments of $1228 due at the end of every 6 months. What nominal annual rate of interest compounded quarterly was charged?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
