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Other Fields Homework Help Business Topic started by: stranahan on Nov 17, 2016



Title: Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he ...
Post by: stranahan on Nov 17, 2016
Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one month and keeps all of the proceeds before investing it for you. If your advisor makes and keeps a 2% return on your investment, what is his EAR if the earnings rate could be extrapolated for one year?
A) 2.00%
B) 26.82%
C) 126.82%
D) 24.00%


Title: Re: Your investment advisor informs you that you do not need to pay a fee for his services. Instead, ...
Post by: portalgoal! on Nov 17, 2016
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Title: Re: Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he ...
Post by: stranahan on Jan 6, 2017
Thank you very much for this. It's really helpful.