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All else equal, which of the following is TRUE: a. Lenders & investors prefer more frequent compounding b. Lenders, investors, and borrowers all prefer more
All else equal, which of the following is TRUE: a. Lenders & investors prefer more frequent compounding b. Lenders, investors, and borrowers all prefer more frequent compounding c. Lenders, investors, and borrowers all prefer less frequent compounding d. Borrowers prefer more frequent compounding
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