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You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to borrow $1,400 and agree to pay back $1,620 in two years.
What annual interest rate is your uncle charging you? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to two decimal places, e.g. 8.72%.)
Rate of interest charged by uncle ---%
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
This report is specific for a core understanding for Financial Accounting and its relevant factors.
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Briefly describe the major differences between a sole proprietorship and a corporation
Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month
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State pricing theory and no-arbitrage pricing theory
Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.
The Effect of Financial Leverage and working capital management
Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.
Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.
Time Value of Money project
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