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kolitchko kolitchko
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5 years ago
What is the yield to maturity on a simple loan that requires payment of $500 plus $30 in interest one year from now?
A) 5.3%
B) 6%
C) 6.38%
D) Not enough information has been provided to determine the answer.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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5 years ago
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kolitchko Author
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5 years ago
Good timing, thanks!
lubennick
wrote...

Yesterday
Helped a lot
smi3
wrote...

2 hours ago
Thanks for your help!!
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