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b ) Ultimate FM Sdn . Bhd . must decide the best investment option from three ( 3 ) investment alternatives. In this case, the

b $)$ Ultimate FM Sdn $.$ Bhd $.$ must decide the best investment option from three $(3)$ investment

alternatives. In this case, the nominal interest rate is similar at $6 %,$ but each investment

pays interest compounded monthly, quarterly and semi $-$ annually. Advise the company

which compounded period is the best option.

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