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2) You have the following three investment opportunities having the indicated nominal annual rates of return. You will be investing $10,000 today. Which opportunity will
2) You have the following three investment opportunities having the indicated nominal annual rates of return. You will be investing $10,000 today. Which opportunity will yield the largest payoff (rounded to the nearest penny) 3 years from today? Prove it. A: 7% compounded annually B: 6.881609% compounded semiannually C: 6.784974% compounded monthly
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