Cookie Ltd. receives a four-year, $100,000,zero-interest-bearing note. The present value of this note is $82,270. What is

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Cookie Ltd. receives a four-year, $100,000,zero-interest-bearing note. The present value of this note is $82,270. What is the implicit rate of interest?

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Intermediate Accounting Volume 1

ISBN: 978-1119496496

12th Canadian edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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Posted Date: Oct 21, 2023 08:52 AM

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Cookie Ltd. receives a four-year, $100,000,zero-interest-bearing note. The present value of this note is $82,270. What is

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To find the implicit rate of interest for a zerointerestbearing n... View the full answer

Intermediate Accounting Volume 1

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