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Question : If M > 1 and you solve the following equation

If M > 1 and you solve the following equation to find i: PV * (1 + (i/M))M*N= FV, the i you get will be

A. the rate per compounding period.

B. the EYE.

C. the TOE.

D. the bond equivalent yield.

E. the EAR.

 

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Finance 5 Months Ago 14 Views
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