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For an account that compounds interest more often than once per year, the annual percentage yield will be... a. equal to the stated nominal yield.

For an account that compounds interest more often than once per year, the annual percentage yield will be...

a. equal to the stated nominal yield.

b. either greater than or less than the stated nominal yield, depending on the current interest rate environment.

c. greater than the stated nominal yield.

d. less than the stated nominal yield.

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