Multiple Choice
Exhibit 19-2.Hugh Wallace has the following information regarding three investment options.Each investment option involves the same one-year period. Refer to Exhibit 19-2.What nominal rate of return will Hugh earn if he invested in option 1?
A) 0.79 percent
B) 3.22 percent
C) 0.32 percent
D) 6.67 percent
Correct Answer:

Verified
Correct Answer:
Verified
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