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Which of these has the highest effective annual rate (EAR)? (In case you forgot, e = 2.71828) A-10.2% quoted rate, annual compounding B-10.0% quoted rate,
Which of these has the highest effective annual rate (EAR)?
(In case you forgot, e = 2.71828)
A-10.2% quoted rate, annual compounding
B-10.0% quoted rate, monthly compounding
C. 9.8% quoted rate, daily compounding
D. 10.1% quoted rate, quarterly compounding
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