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Suppose that you need to borrow $2000 from your local bank, which offers a discount rate of 7 % if you pay off your loan
Suppose that you need to borrow $2000 from your local bank, which offers a discount rate of 7 % if you pay off your loan in 2 years. Answer the following six questions:
- What would be the discount rate (d) that is comparable to the interest rate (r) of 10% if you keep the term at 2 years.
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
