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PLEASEEEE HURRY- URGENT Effective annual rate (EAR) is always greater than the nominal rate. True False Question 2 ( 2 points) Holding interest rate constant,
PLEASEEEE HURRY- URGENT
"Effective annual rate (EAR) is always greater than the nominal rate". True False Question 2 ( 2 points) "Holding interest rate constant, the higher the number of compounding the higher will be the future value of $1". True False Question 3 (2 points) "As bonds near maturity, discount bond prices decrease and premium bond prices increase, all else being held constant". True FalseStep by Step Solution
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