You have been offered a note with four years to maturity, which will pay $ 3,000 at the end of…
You have been offered a note with four years to maturity, which will pay $ 3,000 at the end of each of the four years. The price of the note to the you is$ 10200.What is the implicit compound annual interest rate you will receive (to the nearest whole percent)?Mar 16 2022 02:30 PM
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