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One year ago you paid $P for an asset that paid you $582 today. Your realized rate of return was 2.33%. what is P?
One year ago you paid $P for an asset that paid you $582 today. Your realized rate of return was 2.33%. what is P?
Expert Answer
Rate of Retorn = Given So, = [current u
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Related Book For 
Fundamentals of Corporate Finance
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
ISBN: 978-1259024962
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