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What annual rate of return is implied on a $2,500 loan taken next year when $4,750 must be repaid in year 5? Round your answers
What annual rate of return is implied on a $2,500 loan taken next year when $4,750 must be repaid in year 5?
Round your answers to 2 decimal places.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
