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If m ( the number of compounding periods per year ) is less than one, then a . Effective rate per annum < Nominal rate
If m the number of compounding periods per year is less than one, then
a
Effective rate per annum Nominal rate per annum
b
None of the available options
c
Effective rate per annum Nominal rate per annum
d
All of the available options
e
Effective rate per annum Nominal rate per annum
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