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Jan sold her house on December 31 and took a $10,000 mortgage aspart of the payment. The 10-year mortgage has an 8% nominalinterest rate, but
Jan sold her house on December 31 and took a $10,000 mortgage aspart of the payment. The 10-year mortgage has an 8% nominalinterest rate, but it calls for semiannual payments beginning nextJune 30. 2 answers
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
978-0136119463
