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10 A bank offers 10.21 percent compounded semi-annually on its business loans. Calculate the EAR. Select one: a. 11.03% b.10.07% c.9.63% d. 10.47%

A bank offers 10.21 percent compounded semi-annually on its business loans. Calculate the EAR. Select one: a. 11.03% b.10.07% c.9.63% d. 10.47%

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