An APR of 26% under monthly compounding gives an EAR of Note: Show your answer in units of percents, use plain numbers with at least two digits after the decimal (e.g., for 12.34%, type 12.34). Given an APR of 12%, what is the theoretically highest possible EAR? Hint: Think about the number of compounding/discounting periods per year, how many of those periods in a year would give you the highest possible EAR? Note: Show your answer in units of percent, use plain numbers with at least two digits after the decimal (e.g., for 12.34%, type 12.34)