Your friend is starting a company and promises you $544 in two years if you invest $300

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Your friend is starting a company and promises you $544 in two years if you invest $300 today. What is the implied discount rate of this investment?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: Feb 10, 2024 01:13 PM

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Your friend is starting a company and promises you $544 in two years if you invest $300

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To find the implied discount rate of this investment we can use the form... View the full answer

Fundamentals of corporate finance

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