You are considering an investment that has a nominal annual interest rate of 8.84 %, compounded semiannually.

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You are considering an investment that has a nominal annual interest rate of 8.84 %, compounded semiannually. Therefore, the effective annual rate , or EAR is?

Posted Date: Jun 25, 2024 02:29 PM

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You are considering an investment that has a nominal annual interest rate of 8.84 %, compounded semiannually.

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