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I Rachel is quoted a car loan rate of 8% with monthly compounding . What is the effective annual rate of the loan ? 8.

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I Rachel is quoted a car loan rate of 8% with monthly compounding . What is the effective annual rate of the loan ?" 8. 12 8.23 8 . 39/0 8. 47 J 1 /0 3 points QUESTION 13 1 . A bond has a par value of $ 1, 000, 8 years to maturity , and a 9% coupon rate . If the bonds currently sell for $ 910. what is the current yield ?" 8 . 26%/0 10. 434 11 . 24%/0 9. 89%

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