What is the discount rate bauer bookstore is offering

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Question: Bauer Bookstore sells books before they are published. Today, they offered the book journeys in Finance for $14.20, but the book will not be published for another two years. Upon publishing, the price of the book will be $24.00. What is the discount rate Bauer Bookstore is offering its customers for this book?

Reference no: EM133368649

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