Which of the following statements is most FALSE? The more compounding periods there are in a year, the greater the Effective Annual Rate (EAR) will be for a given Annual Percentage Rate (APR) Historically, the average return for small stocks has been higher than for large stocks. Interest rates we see in the market will differ based on quoting conventions, the term of investment, and risk. The nominal interest rate is the rate of growth of one's purchasing power after adjusting for inflation. Yield to maturity on a bond is usually quoted as an APR