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If the future value of an annuity due is $26,000 and the future value of an ordinary annuity is $23,000 (they are otherwise identical), what
If the future value of an annuity due is $26,000 and the future value of an ordinary annuity is $23,000 (they are otherwise identical), what is the implied discount rate?
| 10.14%
| ||
| 4.17%
| ||
| 5.00%
| ||
| 13.04% |
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Dynamics Of International Finance
Authors: Ruchi Mehrotra Joshi
1st Edition
1685078389, 978-1685078386
