Question
Discount rateFuture Bookstore sells books before they are published. Today, they are offering the book Adventures in Finance for $12.81 but the book will not
Discount rateFuture Bookstore sells books before they are published. Today, they are offering the book Adventures in Finance for
$12.81 but the book will not be published for another 4 years. The retail price when the book is published will be $25
What is the discount rate Future Bookstore is offering its customers for this book?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi
3rd Canadian Edition
0135418178, 978-0135418178
