Multiple Choice
The equation (1 + (r/m) ) m-1 gives the:
A) effective annual interest rate, and r is the stated annual interest rate.
B) effective annual interest rate, and m is the number of years to maturity.
C) stated annual interest rate, and r is the effective annual interest rate.
D) stated annual interest rate, and m is the number of years to maturity.
Correct Answer:
Verified
Correct Answer:
Verified
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