MCQOPTIONS
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| 1. |
Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment? |
| A. | 1232 |
| B. | 1243 |
| C. | 1254 |
| D. | 1262 |
| Answer» B. 1243 | |