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4. You have a choice of investing your money in a two-year CD at 9.12% compounded daily or in a two-year CD at 9.13% compounded
4. You have a choice of investing your money in a two-year CD at 9.12% compounded daily or in a two-year CD at 9.13% compounded quarterly. Compute the annual yield for each CD and determine which one is more advantageous
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