EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 8220103145947
Author: DeMarzo
Publisher: PEARSON
Question
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Chapter 5.1, Problem 2CC
Summary Introduction

To discuss: The annual percentage rate used as a discount rate.

Introduction:

An annual percentage rate is the amount of simple interest earned in a year without the effect of compounding. This includes the additional fees with the transaction but does not consider compounding.

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Chapter 5 Solutions

EBK CORPORATE FINANCE

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