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PLEASE don't give answer in Excel Form. Thanks Answer each of the following: a) You are given that j12=6% for the first two years, j4=
PLEASE don't give answer in Excel Form. Thanks
Answer each of the following: a) You are given that j12=6% for the first two years, j4= 4% for the next three years and j2=4% thereafter. Calculate the equivalent effective annual rate over 8 years. b) Calculate the present value of $25,000 due in 41 months time. You are given that j6= 6% and to assume the practical (approximate) method is usedStep by Step Solution
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Stock Markets And Corporate Finance A Primer
Authors: Michael Dempsey
1st Edition
1800611471,1800611498
