Assuming equal annual rates, the more frequent the compounding periods in a year, the higher the ...

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Assuming equal annual rates, the more frequent the compounding periods in a year, the higher the ...

Assuming equal annual rates, the more frequent the compounding periods in a year, the higher the future value.
True / False?

Textbook

Financial Management: Principles and Applications

Edition: 13^th

Authors: Titman, Keown, Martin

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Thanks for your help!!

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Thanks

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