The interest rate on a one-year loan is quoted as 9 percent plus three points (see the

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The interest rate on a one-year loan is quoted as 9 percent plus three points (see the previous problem). What is the EAR? Is your answer affected by the loan amount?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Apr 03, 2018 04:24 AM

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Corporate Finance Core Principles and Applications

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