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Business, 03.03.2020 00:56 harleyandpope90

You have found three investment choices for a one-year deposit: 11.6% APR compounded monthly, 11.6% APR compounded annually, and 10.9% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) (Note: Be careful not to round any intermediate steps less than six decimal places.) a. The EAR for the first investment choice is ___%. (Round to three decimal places.) b. The EAR for the second investment choice is___%. (Round to three decimal places.) c. The EAR for the third investment choice is %. (Round to three decimal places.)

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