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karamvir19 karamvir19
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A month ago
For a given quoted rate, the effective annual rate ________ as the compounding frequency increases.

▸ increases

▸ decreases

▸ does not change

▸ There is no connection between the effective annual rate and the quoted rate.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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marksonbolmarksonbol
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A month ago
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karamvir19 Author
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A month ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Helped a lot
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2 hours ago
this is exactly what I needed
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