Foundations of Finance, Student Value Edition Plus MyLab Finance with Pearson eText  - Access Card Package (9th Edition)
Foundations of Finance, Student Value Edition Plus MyLab Finance with Pearson eText - Access Card Package (9th Edition)
9th Edition
ISBN: 9780134426815
Author: Arthur J. Keown, John D. Martin, J. William Petty
Publisher: PEARSON
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Chapter 15, Problem 8RQ

How can the formula “interest = principle × rate × time” be used to estimate the cost of short-term credit?

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Portfolio return, variance, standard deviation; Author: MyFinanceTeacher;https://www.youtube.com/watch?v=RWT0kx36vZE;License: Standard YouTube License, CC-BY