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You are offered the following investment: investing $500 today and receiving $600 in 5 years. What is the implied interest rate for this investment? You
- You are offered the following investment: investing $500 today and receiving $600 in 5 years.
- What is the implied interest rate for this investment?
- You can also deposit the money into a bank account that pays 4% annually. Suppose the risks are similar, which investment would you choose?
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Trusted Advisors Key Attributes Of Outstanding Internal Auditors
Authors: Richard F. Chambers, President And CEO Of The IIA
1st Edition
0894139819, 978-0894139819
