Question: Calculate the yield to maturity on a simple loan using the following assumptions: PV = amount borrowed = $1,000 CF = cash flow received after

Calculate the yield to maturity on a simple loan using the

Calculate the yield to maturity on a simple loan using the following assumptions: PV = amount borrowed = $1,000 CF = cash flow received after one year = 1,050 n = number of years = 1 Write the number for the yield to maturity in the space below without including the % sign

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