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Hello, i would like you to guide me on the financial asset question.
In example 2 (iii), the question stated that the effective rate of interest on the debenture is 5.71%, but the answer stated the rate is 5.36%.
I think it would be related to the premium on 5%.
Could you please explain how to obtain 5.36%?
Thanks! =)Hi,
Good spot, I think the answer must be incorrect as it should be 5.71%.
Thanks
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