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

)

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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