Question
Question 15 The markup on a desk should be 31% based on selling price. If the seller paid $240 for one, then how much should
Question 15The markup on a desk should be 31% based on selling price. If the seller paid $240 for one, then how much should it sell for to achieve the desired markup?
a.$774.19
b.$314.40
c.$347.83
d.$405.60
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
