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Your friend is starting a company and promises you $544 in two years if you invest $300 today. What is the implied discount rate of
Your friend is starting a company and promises you $544 in two years if you invest $300 today. What is the implied discount rate of this investment?
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
