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Eloville Bank wants to earn an effective annual return on its consumer loans of 16 percent per year. The bank uses daily compounding interest on
Eloville Bank wants to earn an effective annual return on its consumer loans of 16 percent per year. The bank uses daily compounding interest on its loans. What interest rate is the bank required by l...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
