Solving for Rates
1. What annual rate of return is earned on a $1,000 investment when it grows to $2,700 in eight years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
2. How was Dell’s working capital policy a competitive advantage?
3. Calculate the price of a 5 year note, if the coupon rate is 4% and the YTM is 12%. Show Equations used and ALL work please.