Question
you are considering an investment that has a nominal annual interest rate of 6.76 percent, compound semiannually. therefore, the effective annual rate, or EAR (annual
you are considering an investment that has a nominal annual interest rate of 6.76 percent, compound semiannually. therefore, the effective annual rate, or EAR (annual percentage yield) is ___ round to two decimal place
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
