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An interest rate of 12% effective two year rate is equivalent to a rate of _________ effective annual rate a) 12% b) 6% c)11.66% d)
An interest rate of 12% effective two year rate is equivalent to a rate of _________ effective annual rate
a) 12%
b) 6%
c)11.66%
d) 5.83%
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
