What is the cost of capital for bank overdraft (kbo
style="color:rgb(0,0,0);">). The overdraft rate is 6.5 % pa compounded 12 times a year? Answer as a percentage to two decimal places (2.12% should be entered as 2.14). Do not enter the % sign.
Cost of capital for bank overdraft is effective interest rate (i) which is i =... View the full answer