Question: D I have asked Dr. Van Tassel for a simple loan of a $1000. He has kindly accepted to loan me the money. We

D I have asked Dr. Van Tassel for a simple loan of a $1000. He has kindly accepted to loan me the money. We

D I have asked Dr. Van Tassel for a simple loan of a $1000. He has kindly accepted to loan me the money. We have signed an agreement that I will return $1500 in 2 years. What is the yield to maturity on the loan?

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