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Given an EAR of 5.4 percent and compounding period of semi-annual, calculate the APR. a. 5.473% b. 5.329% c. 5.260% d. 5.400%

Given an EAR of 5.4 percent and compounding period of semi-annual, calculate the APR.

a. 5.473%

b. 5.329%

c. 5.260%

d. 5.400%

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