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P Flag question suppose you are planning to invest your money in CD issued by bank Muscat on 10 March 2020 and matures on 21

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P Flag question suppose you are planning to invest your money in CD issued by bank Muscat on 10 March 2020 and matures on 21 July 2020. the face value of this certificate OMR 15000 and pays interest 10%. Calculate the effective rate on this CD. Select one: a. 10.36% b. 10.40% c. All the given choices are not correct d. 10.32% e. 10.24%

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