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The effective interest rate for a discount loan is greater than the loan's stated interest rate.

betterway

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The effective interest rate for a discount loan is greater than the loan's stated interest rate.

The effective interest rate for a discount loan is greater than the loan's stated interest rate.

Textbook

Principles of Managerial Finance

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

Read 154 times

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Ulain

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