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1 point If the nominal rate of interest is 10% per annum and is compounded monthly, the effective rate of interest will be:* 10% 10.10%

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1 point If the nominal rate of interest is 10% per annum and is compounded monthly, the effective rate of interest will be:* 10% 10.10% 10.25% 10.38% 10.47% 1 point If my retained earnings fall short of my capital requirement then I can do the following * I can take a small loan A long-term loan Issue few shares to raise money I will grow less and refrain from any external money A, B and C If my current net earnings is more than sufficient to grow at my target rate 1 point then I can do the following (choose the best option according to you):* A keeping the un utilized amount as working capital B. Give a handsome dividend C. Buy more assets O O D. pay-off loans A, B and C O A and B

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