9.13 Which of the following rates would you prefer: 8.50 per cent compounded annually, 8.33 per cent compounded semi-annually, 8.25 per cent compounded quarterly, or 8.16 per cent com- pounded continuously? Why?
9.13 Which of the following rates would you prefer: 8.50 per cent compounded annually, 8.33 per cent compounded semi-annually, 8.25 per cent compounded quarterly, or 8.16 per cent com- pounded continuously? Why?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Which one should one choose
Transcribed Image Text:9.13 Which of the following rates would you prefer: 8.50 per cent compounded annually, 8.33 per
cent compounded semi-annually, 8.25 per cent compounded quarterly, or 8.16 per cent com-
pounded continuously? Why?
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