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What is the effective rate of 18% compounded monthly? a. 19.56 b. 21 c. 27.21 d. 9.39
What is the effective rate of 18% compounded monthly?
| a. | 19.56 | |
| b. | 21 | |
| c. | 27.21 | |
| d. | 9.39 |
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
