Which of the following rates would you prefer: 8.50 percent compounded annually, 8.33 percent compounded semiannually, 8.25
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Which of the following rates would you prefer:
8.50 percent compounded annually, 8.33 percent compounded semiannually, 8.25 percent compounded quarterly, or 8.16 percent compounded continuously? Why?
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Related Book For 
Financial Markets And Corporate Strategy
ISBN: 9780077119027
1st Edition
Authors: David Hillier, Mark Grinblatt, Sheridan Titman
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