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True/False need number 1-10 True False O o 1. Other things equal, the nominal rate > the real rate when the inflation > 0%. O
True/False need number 1-10
True False O o 1. Other things equal, the nominal rate > the real rate when the inflation > 0%. O O 2. Other things equal, if m > 1, the APR > the periodic rate. O O 3. Other things equal, if m > 1, the EAR the rate on a 15-year fixed loan. 8. If interest is compounded every three months, m= 3. O O 9. If the APY = 10%, the EAR = 10%. o 0 10. Almost all financial rates are nominal as opposed to realStep by Step Solution
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