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You have been putting your loose change in a coffee can for quite a few years, and were recently surprised to realize that you now

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You have been putting your loose change in a coffee can for quite a few years, and were recently surprised to realize that you now have $1,000 saved. It's time to open a savings account, and the available options include: Account A, which compounds semi-annually, and account B, which compounds monthly. If both accounts have the same effective annual rate of interest and you place only this money in the account, you should choose Either since you would be indifferent between the two. Account B because it has a higher APR. Account A because you will pay less in taxes. Account Abecause it has a higher APR. Account B because it is compounded more often. D Question 20 1 pts Eleven years ago njeev bought a zero-coupon issued by a Saskatoon-based dairy products company. At this point, he would like to sell the bond, which matures in 9 years. At what price will Sanjeev be able to sell the bond, if the market yield to maturity is currently 8.88%? Ignore any accrued interest. $496.93 $678.73 O $465.02 $676.39 $468.10

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