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A company invested in an asset that yields an effective annual rate of 14.10% compounded continuously. Calculate the annual percentage rate (APR) earned by the
A company invested in an asset that yields an effective annual rate of 14.10% compounded continuously. Calculate the annual percentage rate (APR) earned by the company from such asset.
(a) 13.26%
(b) 13.64%
(c) 13.21%
(d) 13.19%
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