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Accepi My courses FINC Time Value of Money #
Part
Attempt for pts
If interest is compounded quarterly, the expresses the interest rate as if it were compounded annually.
quoted rate
effective annual interest return
annual percentage rate
period rate
Correct
If interest is compounded quarterly, the effective annual interest return expresses the interest rate as if it were compounded annually.
Part
Attempt for pts
Given a fixed annual percentage rate, compounding more frequently leads to
a higher annual percentage rate
a lower effective annual interest return
a lower annual percentage rate
a higher effective nnual interest return
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