An investment has a price today of $425. It will be worth $1000 in 35 years. What

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An investment has a price today of $425. It will be worth $1000 in 35 years. What is the interest rate on this investment?

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Principles of Corporate Finance

ISBN: 978-1260013900

13th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Posted Date: May 24, 2023 06:55 AM

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An investment has a price today of $425. It will be worth $1000 in 35 years. What

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To calculate the interest rate on the investment we can use the formula for compound interest Fut... View the full answer

Principles of Corporate Finance

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