What interest rate must it earn

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Assume that you are nearing graduation and that you have applied for a job with a local bank. As part of the bank's evaluation process, you have been asked to take an examination which covers several financial analysis techniques. The first section of the test addresses discounted cash flow analysis. See how you would do by answering the following questions

If you want an investment to double in three years, what interest rate must it earn?

Why is corporate finance important to all managers? 

Reference no: EM131104316

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