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Which of the following is the appropriate spreadsheet function to convert a quoted rate of 12 percent compounded quarterly to an EAR? Multiple choice question.
Which of the following is the appropriate spreadsheet function to convert a quoted rate of 12 percent compounded quarterly to an EAR? Multiple choice question. NOMINAL(0.12,4) EAR(12,4) EFFECT(12,4) EFFECT(0.12,4)
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