A loan (promissory note) of $6,400 was made It is to be paid back in 2 years with interest of 4 55 compounded quarterly What would be the appropriate price to pay for the contract 18 months after the original contract date to yield the buyer 4 30 compounded semi annually Round your final answer to...

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A loan (promissory note) of $6,400 was made. It is to be paid back in 2...

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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