Describe the implicit interest rate for a series of cash flows and a procedure for finding it.

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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Question Posted: Dec 03, 2011 08:57 AM

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Describe the implicit interest rate for a series of cash flows and a procedure for finding it.

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The discount rate that sets the net present value of a stream of payments ...View the full answer

Financial Accounting an introduction to concepts, methods and uses

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