What is the difference between an EAR and an APR quote?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Question Posted: Mar 31, 2017 02:21 PM

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What is the difference between an EAR and an APR quote?

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An effective annual rate EAR indicates the total amount of interest that ...View the full answer

Fundamentals of Corporate Finance

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