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#42 Which of the following statements is true? a. A continuous compounded rate of return is higher than any discretely compounded rate of return. b.

#42 Which of the following statements is true?

a. A continuous compounded rate of return is higher than any discretely compounded rate of return.

b. A continuous compounded rate of return is lower than any discretely compounded rate of return.

c. A continuous compounded rate of return is the same as that of the discretely compounded rate of return.

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