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What is the effective annual return (EAR) for an investment that pays 10 percent compounded daily? a. equal to 10 percent b. This question cannot

What is the effective annual return (EAR) for an investment that pays 10 percent compounded daily? a. equal to 10 percent b. This question cannot be answered without knowing the dollar amount of the investment. c. greater than 10 percent d. less than 10 percent

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