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One bank advertises a nominal rate of 3.04% compounded semiannually. A second bank advertises a nominal rate of 2.97% compounded daily. What are the effective
One bank advertises a nominal rate of 3.04% compounded semiannually. A second bank advertises a nominal rate of 2.97% compounded daily. What are the effective yields? (Round your answers to two decimal places.)
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
