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You are looking at an investment that has an effective annual rate of 14.2 percent. (Do not round intermediate calculations. Enter your answer as a
You are looking at an investment that has an effective annual rate of 14.2 percent.
(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Effective semiannual return %
Effective quarterly return %
What is the effective monthly return?
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