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Additional Problem 5-3 You invested in a 3-month certificate of deposit at your bank. Your investment was $1,366, and at the end of the term
Additional Problem 5-3 You invested in a 3-month certificate of deposit at your bank. Your investment was $1,366, and at the end of the term you will receive $1,530. a. What is the holding period return (HPR) on your investment? (Round your answer to 2 decimal places.) points HPRO % Skipped b. What is the annual percentage rate (APR)? (Round your answer to 2 decimal places.) APR 0 % eBook c. What is the effective annual rate (EAR)? (Round your answer to 2 decimal places.) EAR 0 % Print References
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