<span>What is the yield to maturity on a simple loan for $1 million than requires a repayment of $2 million in five year time?
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Answer:
On a graph, find the point of intersection of two lines; the first line has y-intercept = 5 and slope = −3, and the second line has y-intercept = 2 and slope =
Step-by-step explanation:
Answer:
about 40 units
Step-by-step explanation:
Answer:
As a fraction it must be 1/3