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Your broker offers to sell you a note for $13,250 that will pay $2,345.04 per year for 10 years. If you buy the note, what
Your broker offers to sell you a note for $13,250 that will pay $2,345.04 per year for 10 years. If you buy the note, what rate of interest will you be earning?
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
