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2.5 pts D Question 3 A bank offers you aln) 9.30% interest on a loan compounded quarterly. What is your effective annual rate (EAR)? (Provide

2.5 pts D Question 3 A bank offers you aln) 9.30% interest on a loan compounded quarterly. What is your effective annual rate (EAR)? (Provide your answer in percentage with two decimal places.)

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