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can someone tell me if the answer I chose is correct? Which of the following is/are CORRECT? 1) EAR is always greater the nominal rate

can someone tell me if the answer I chose is correct? image text in transcribed
Which of the following is/are CORRECT? 1) EAR is always greater the nominal rate when interest rate is annually compounding. 2) EAR is always less than the nominal rate when interest rate is annually compounding. 3) EAR is always same as the nominal rate when interest rate is annually compounding. O4) Not enough information

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