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If M > 1 and you solve the following equation to find i: PV * (1 + (i/M))M*N= FV, the i you get will be
If M > 1 and you solve the following equation to find i: PV * (1 + (i/M))M*N= FV, the i you get will be
A. the rate per compounding period.
B. the EYE.
C. the TOE.
D. the bond equivalent yield.
E. the EAR.
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