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Your savings currently are invested in a bank account that will pay 20.8% interest in total for a three-year deposit. You are considering moving your

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Your savings currently are invested in a bank account that will pay 20.8% interest in total for a three-year deposit. You are considering moving your savings to a different account of equivalent risk. The alternative account generates cash Row every 6 months. What discount rate is appropriate for valuing the alternative account? Enter your answer in units of percent (not deals. Found your answer to one decimal place, and omit percent signs e.enter 20.67% as 20.7) Link to blank Excel worksheet (optional: Blankets

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