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If the compound period is greater than one, the effective annual interest rate is always greater than the annual percentage rate . Explain why or
If the compound period is greater than one, the effective annual interest rate is always greater than the annual percentage rate Explain why or why not?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
