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To pay the startup expenses on her business, Brenda has withdrawn $10,000 from her savings account earning 2% interest and charged $15,000 on her credit
- To pay the startup expenses on her business, Brenda has withdrawn $10,000 from her savings account earning 2% interest and charged $15,000 on her credit card where the annual interest rate is 21%. What is Brenda's cost of capital? What is the minimum discount rate Brenda should consider for a net present value calculation?
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Advances In Financial Machine Learning
Authors: Marcos Lopez De Prado
1st Edition
1119482089, 978-1119482086
