Question
Given that the current interest rate is 10%, what will be equivalent annual rate(EAR)if it compounded semiannually? What will be equivalent annual eat (EAR) if
Given that the current interest rate is 10%, what will be equivalent annual rate(EAR)if it compounded semiannually?
What will be equivalent annual eat (EAR) if it is compounded continously?
As the compounding frequency increase (from annual to continuously), EAR increase or decrease?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
