What continuously compound rate of return is required to turn $80,456.32 into $97,622.50 in 2 years...
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What continuously compound rate of return is required to turn $80,456.32 into $97,622.50 in 2 years and 3 months? QUESTION 28 What is the market price for a bank bill which has a $1.202m face value, 112 days to maturity, when the yield is 3.76%? What continuously compound rate of return is required to turn $80,456.32 into $97,622.50 in 2 years and 3 months? QUESTION 28 What is the market price for a bank bill which has a $1.202m face value, 112 days to maturity, when the yield is 3.76%?
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SOLUTION 27 To calculate the continuously compounded rate of return required to turn 8045632 into 97... View the full answer
Related Book For
Financial reporting, financial statement analysis and valuation a strategic perspective
ISBN: 978-0324789416
7th Edition
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
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