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A bank pays interest quarterly with an EAR of 13%. What is the periodic interest rate applicable per quarter? O A. 6.2% OB. 2.48% O

A bank pays interest quarterly with an EAR of 13%. What is the periodic interest rate applicable per quarter? O A. 6.2% OB. 2.48% O C. 3.1% OD. 3.72%

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