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What would be a smarter move if you invest $400? Should you invest the 400? a. in a bond that is going to pay 2.3%

What would be a smarter move if you invest $400? Should you invest the 400?

a. in a bond that is going to pay 2.3% nominal interest rate that is compounded annual?

b. in a CD that pays 2.4% nominal interest rate, compounded quarter

or c. bank accounts that pays 2.2% nominal interest rate, compounded daily?

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