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bigexternal bigexternal
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7 years ago
You have $253.05 today. A friend wants to borrow that money from you and pay you back $310 at the end of 3 years. What rate of return (per annum) will you earn from the loan?
A) 7.0%
B) 7.2%
C) 6.8%
D) 7.4%
E) 7.6%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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#1
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7 years ago
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1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
#2
7 years ago
Really appreciate the effort, thank you for responding
We're using: Corporate Finance Online (Eakins, McNally)
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