Will the new interest rate be lower than 15 higher than 15, Financial Management

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Will the new interest rate be lower than 15 higher than 15

The gavel is just about to come down on an interest rate of 15%, when a Crusoe shouts “Wait. I have news. I have just discovered a cave full of guano for fertilizer. Every plot will now have a 5% higher yield.” The Crusoes rerun the auction. Will the new interest rate be lower than 15%, higher than 15%, or just 15%? Explain

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Financial Management: Will the new interest rate be lower than 15 higher than 15

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