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    The Bank of Nova Scotia Has 8% Compounded Semi-Annual GICs;
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The Bank of Nova Scotia Has 8% Compounded Semi-Annual GICs;

Question 75

Question 75

True/False

The Bank of Nova Scotia has 8% compounded semi-annual GICs; the Royal Bank has 7.9%compounded monthly GICs. The Bank of Nova Scotia offers a better annualized rate of return.

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