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Bank A is offering 5 . 8 % compounded quarterly while bank B is offering 5 . 9 % compounded semi - annually. Which of
Bank A is offering compounded quarterly while bank B is offering compounded semiannually. Which of the following statements is true?
Select one:
a A is higher with an EAR of
b A is higher with an EAR of
c is higher with an EAR of
d is higher with an EAR of
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