An initial $2700 investment was worth $3050 after one years and six months. What quarterly compounded nominal
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An initial $2700 investment was worth $3050 after one years and six months. What quarterly compounded nominal rate of return did the investment earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Nominal rate of return % compounded quarterly.
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
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