What is the effective annual rate of interest

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1. The terms of sale are 3/16, net 70. What is the effective annual rate of interest?

2. U.S dollar equals 1.13 Swiss francs. 155 U.S dollars are equal to how many swiss francs?

3. ABC’s next dividend is expected to be $1.07, its required return is 23%, its growth rate is 6%. What is ABC's expected stock price in 15 years?

Reference no: EM132056039

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