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12 - What is the effective annual retum (EAR) for an investment that pays 10 percent compounded annually? a) less than 10 percent b) 20

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12 - What is the effective annual retum (EAR) for an investment that pays 10 percent compounded annually? a) less than 10 percent b) 20 percent equal to 10 percent greater than 10 percent none of the above Bo brak

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