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    Fundamentals of Corporate Finance Study Set 12
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    Exam 5: Interest Rates
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    The Effective Annual Rate on Your Firm's Borrowings Is Closest
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The Effective Annual Rate on Your Firm's Borrowings Is Closest

Question 98

Question 98

Multiple Choice

The effective annual rate on your firm's borrowings is closest to:


A) 6.00%
B) 6.24%
C) 6.17%
D) 6.14%
E) 6.18%

Correct Answer:

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