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Question 3 (5 points): Followings are four options offered by a bank to invest your money. Provide the order of the preference on the four

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Question 3 (5 points): Followings are four options offered by a bank to invest your money. Provide the order of the preference on the four options and justify your answer. 1. 10.00%, compounded semi-annually. 2.4% per quarter, compounded monthly. 3. Effective 12% compounded yearly. 4. 6% per semi-annual compounded quarterly

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