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The effective rate re compounded 'm' times an year is given by: . jm O b. jm = m[(1+re) 1] re = (1 + joma)

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The effective rate re compounded 'm' times an year is given by: . jm O b. jm = m[(1+re) 1] re = (1 + joma) O c. jm = (1+re)" 1 re = (1 + i) m 1 O d

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