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1) I offer to borrow money from you for 60 days at the following interest...

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Finance

1) I offer to borrow money from you for 60 days at the following interest rate quotations:

A. a discount rate of 8.30%.

B. a simple interest money market rate of 8.37%.

C. a bond equivalent yield (simple interest 365 day) rate of 8.45%.

Which is the better deal from your point of view? Why?

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