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You are looking at an investment that has an effective annual rate of 13 percent. a. What is the effective semiannual return? b. What is
| You are looking at an investment that has an effective annual rate of 13 percent. |
| a. | What is the effective semiannual return? |
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| b. | What is the effective quarterly return? |
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| c. | What is the effective monthly return? |
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
