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Fido 11:11 AM 98% A quizizz.com 1/21 What is the effective annual rate for a 5% rate compounded continuously? 5.1267% 5.1271% 5.1162% 5.1246% Facebook's Initial
Fido 11:11 AM 98% A quizizz.com 1/21 What is the effective annual rate for a 5% rate compounded continuously? 5.1267% 5.1271% 5.1162% 5.1246% Facebook's Initial public offering came in 2012 and was valued at $104 billions then, and 8 years later, the company is worth $758 billions now. What is the effective annual rate for this 8-year investment horizon? 30% 28% 29% 27%
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