If you invest $4,000 in a certificate of deposit today, a bank promises that the certificate of

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If you invest $4,000 in a certificate of deposit today, a bank promises that the certificate of deposit will be worth $5,000 in five years. What is the interest rate return on this investment?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Posted Date: Jul 18, 2023 07:08 AM

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If you invest $4,000 in a certificate of deposit today, a bank promises that the certificate of

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Fundamentals of Corporate Finance

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