Question
Which investment would you choose? Why? A B Nominal Rate 9.1% 9.0% EAR 9.31% 9.41% Periodic Rate 4.55% 0.17% Payment Frequency Twice a Year Weekly
Which investment would you choose? Why? A B Nominal Rate 9.1% 9.0% EAR 9.31% 9.41% Periodic Rate 4.55% 0.17% Payment Frequency Twice a Year Weekly
Group of answer choices
A) A, because its Nominal Rate is higher.
B) A, because its Periodic Rate is higher.
C) B, because its Effective Annual Rate is higher.
D) A, because it pays interest more frequently.
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
