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Jgal Jgal
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6 months ago
For a given effective annual rate, the quoted rate ________ as the compounding frequency increases.

▸ does not change

▸ decreases

▸ increases

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

Corporate Finance


Edition: 5th
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chanelfargesenchanelfargesen
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6 months ago
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Jgal Author
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6 months ago
Correct Slight Smile TY
derya1234
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this is exactly what I needed
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Thanks
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