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    Fundamentals of Corporate Finance Study Set 9
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    Exam 5: Introduction to Valuation: The Time Value of Money
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    One Year Ago,you Invested $1,800
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One Year Ago,you Invested $1,800

Question 33

Question 33

Multiple Choice

One year ago,you invested $1,800.Today it is worth $1,924.62.What rate of interest did you earn?


A) 6.59 percent
B) 6.67 percent
C) 6.88 percent
D) 6.92 percent
E) 7.01 percent

Correct Answer:

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