EAR. If a bank pays 10 percent interest with continuous compounding, what is the effective annual rate?

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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 05, 2024 02:01 AM

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EAR. If a bank pays 10 percent interest with continuous compounding, what is the effective annual rate?

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Study Guide To Accompany Fundamentals Of Corporate Finance

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