Investment A returns 2400 in t = 6. Investment B returns 2800 in t = 8. At
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Investment A returns 2400 in t = 6. Investment B returns 2800 in t = 8. At what interest rate do both investments have the same present value in t = 0 (Give your answer as a decimal, i.e. answer 0.06 and not 6 if the answer is 6%! Please give your answer with 4 decimal places, e.g. 0.0543)
Related Book For
Managerial Accounting for Managers
ISBN: 978-1259578540
4th edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
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