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Other things being equal, the more frequent the compounding period, the: lower the nominal interest rate. lower the effective annual interest rate. higher the effective
Other things being equal, the more frequent the compounding period, the:
lower the nominal interest rate.
lower the effective annual interest rate.
higher the effective annual interest rate.
higher the nominal interest rate.
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
