Question: Chapter 6 - Discounted Cash Flow Valuation - Excel 01 i Saved X5 ? 4 Calculating EAR - Excel FORMULAS DATA FILE HOME INSERT PAGE

 Chapter 6 - Discounted Cash Flow Valuation - Excel 01 i

Chapter 6 - Discounted Cash Flow Valuation - Excel 01 i Saved X5 ? 4 Calculating EAR - Excel FORMULAS DATA FILE HOME INSERT PAGE LAYOUT REVIEW VIEW Sign In Calibri - 11 36 E- A % Paste BIU Cells Editing 1 points Alignment Number Conditional Format as Cell Formatting" Table - Styles Styles Clipboard Font A1 X fx AB D E F G H eBook 1 2 Print 3 First National Bank charges 12.4 percent compounded monthly on its business loans. First United Bank charges 12.7 percent compounded semiannually. As a potential borrower, which bank would you go to for a new loan? References 4 5 Complete the following analysis. Do not hard code values in your calculations. 6 7 8 Times compounded Stated rate (APR) per year 12.4% 12 12.7% 2 Effective rate (EAR) 13.13% 9 First National Bank First United Bank 10 11 12 13 14 Sheet1 DEADY ZIDAN Mc Graw Hill

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