Calculate the possible effective rates of interest

Assignment Help Financial Management

Reference no: EM131458191

Please calculate the possible effective rates of interest

Mark invests 1000 dollars. Two years later, he receives a payment from the investment of 2320 dollars. Two years after that, he invests another 235.5 dollars, and two years after that, he adds 2575.2 dollars more to the investment. Two years later, he receives a final payment of 1493.51 dollars that closes out the investment. What are the possible effective rates of interest? (If you find more than one, list them separated by commas.)

Reference no: EM131458191

Questions Cloud

Design a machine selling three types of drinks : Design a machine selling three types of drinks dl, d2, d3 and two types of stacks sl, s2. The buyers can use three types of coins cl, c2, c3.

Interest rates and arbitrage : The treasurer of a major U.S. firm has $30 million to invest for three months. The interest rate in the United States is .31 percent per month.

New heritage doll company : Compare the business cases for each of the projects under consideration by Emily Harris. Are they compatible with New Heritage’s strategy? Which do you regard a

What is vega hedging : Describe some conceptual problems with this once-popular practice.

Calculate the possible effective rates of interest : Mark invests 1000 dollars. Two years later, he receives a payment from the investment of 2320 dollars. What are the possible effective rates of interest

What is calibration with respect to the bsm model : What is calibration with respect to the BSM model? Explain how to use calibration correctly. When is calibration used incorrectly?

Using spot and forward exchange rates : Suppose the spot exchange rate for the Canadian dollar is Can $1.09 and the six-month forward rate is Can $1.11.

Which pays an annual effective interest rate : A deposit of X is made into a fund which pays an annual effective interest rate of 6% for 10 years.

The after-tax salvage cash flow : Could Someone explain how to calculate the following? A project’s Time 0 cash flow-The after-tax salvage cash flow

User Account

All Pages