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You invest 10,000 and you get 5 payments of 2,500, at every end of the year. IFIR = 7%, you earn 10,250 at present
You invest 10,000 and you get 5 payments of 2,500, at every end of the year. IFIR = 7%, you earn 10,250 at present value; and If IR = 8%, you earn 9,982 at present value. What is the RoR (in %) you to have? [2 decimals] A. 7.93, B. 7.07 C. 7.5 D. 8.0 OC OA B O C
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
