Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
Question
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Chapter 5.1, Problem 2CC
Summary Introduction

To discuss: The annual percentage rate used as a discount rate.

Introduction:

An annual percentage rate is the amount of simple interest earned in a year without the effect of compounding. This includes the additional fees with the transaction but does not consider compounding.

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Chapter 5 Solutions

Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book

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