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places.) The nominal interest rate is %. (Round to two decimal places.) Assume the intlation rate is 3.23% APR, compounded annually. Would you ratner earn
places.) The nominal interest rate is %. (Round to two decimal places.) Assume the intlation rate is 3.23% APR, compounded annually. Would you ratner earn a nominal return of 4.58% APR, compounded semiannually, or a real return of 2.25% APR, compounded quarterly? (Note: Be careful not to round any intermediate steps less than six decimal places.) To put these on the same basis, you must convert them both to nominal EARs The EAR for 4.58% APR, compounded semiannually is (Type your answer in decimal format. Round to six decimal places.) The present value of the return is $ (Round to the nearest cent.) be able to generate $310 per year in The expected return of your investment is \%. (Round to one decimal place.)
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