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The effective annual rate ( EAR ) will be less than a given annual percentage rate ( APR ) with more than one compounding period
The effective annual rate EAR will be less than a given annual percentage rate APR with more than one compounding period per year.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
