After 10 years of semi-annual compounding, an 8000 investment in a GiC earns 3000 in interest. What
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After 10 years of semi-annual compounding, an 8000 investment in a GiC earns 3000 in interest. What is the nominal interest rate?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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