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.You are considering an investment that has a nominal annual interest rate of 7.20 percent, compounded semiannually. Therefore, the effective annual rate, or EAR (annual percentage yield) is _____.?

/in /by

.You are considering an investment

that has a nominal annual interest rate of 7.20 percent, compounded semiannually. Therefore, the effective annual rate, or EAR (annual percentage yield) is _____.?

 
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