Your firm has a risk-free investment opportunity where it can invest $200,000 today and receive $20,345 in
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Question:
Your firm has a risk-free investment opportunity where it can invest $200,000 today and receive $20,345 in one year. For what level of interest rate is this project attractive?
The project will be attractive when the interest rate is any positive value less than or equal to %? (Round to two decimal places.)
Related Book For
Corporate Finance The Core
ISBN: 9781292158334
4th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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