Interest rate from the following present and future values.

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Chapter 5, Problem 15QP

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To determine: Interest rate from the following present and future values.

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Ethical dilemma: Republic Communications Corporation (RCC) has offered you an attractive position in its financial planning division. The new position would constitute a promotion with a $30,000 increase in salary compared to the job you now have at National Telecommunications, Inc. (NTI). The problem is that RCC wants you to bring the rate-setting software you developed at NTI, along with some rate data, with you to the new job. Even though NTI sells its software to other companies and information concerning telephone rates is available to the public, you know that such knowledge will help RCC significantly in its attempt to redesign its rate-setting system. In fact, according to the situation presented in the text, a new and improved rate-setting program could be worth as much as $200 million per year for RCC. Therefore, the question is whether the information RCC wants you to take with you to your new job is proprietary to NTI. Should the rate-setting program and the rate data be…