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Arabian Beauty Cosmetics borrowed BD 152,300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) is 11.75%, and the
Arabian Beauty Cosmetics borrowed BD 152,300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) is 11.75%, and the compounding is is daily, what is the Effective Annual Rate?
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
