Question
What annual rate of return is implied on a $2,500 loan taken next year when $5,000 must be repaid in year 6? Note: Do
What annual rate of return is implied on a $2,500 loan taken next year when $5,000 must be repaid in year 6? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Annual rate of return %
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Get StartedRecommended Textbook for
Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
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