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An investor has the choice to compound an investment with a stated 5% annual return either annually, quarterly, or continuously. The effective annual rate (EAR)

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An investor has the choice to compound an investment with a stated 5% annual return either annually, quarterly, or continuously. The effective annual rate (EAR) is lowest with compounding and highest with compounding O annual, continuous O continuous; annual o annual, quarterly O quarterly, annual

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