On jan 1 2022, rodney inc provided services to smith's company in exchange for smith's $300000, 2 year 8% note with interest compound semi annually on july 1 and jan 1. The current market rate of similar notes is 12%. What are the input value on the financial calculator?

On jan 1 2022, rodney inc provided services to smith's company in exchange for smith's $300000, 2 year 8% note with interest compound semi annually on july 1 and jan 1. The current market rate of similar notes is 12%. What are the input value on the financial calculator?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 14P

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