The first city bank pays 66 percent interest compounded
The First City Bank pays 6.6 percent interest, compounded annually, on time deposits. The Second City Bank pays 6.5 percent interest, compounded monthly. Based on effective interest rates, in which bank would you prefer to deposit your money?
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a 5-year treasury bond has a 485 yield a 10-year treasury bond yields 63 and a 10-year corporate bond yields 865 the
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your firm sells for cash only but it is thinking of offering credit allowing customers 90 days to pay customers
the first city bank pays 66 percent interest compounded annually on time deposits the second city bank pays 65 percent
which one of the following is the interest rate that the largest commercial banks charge their most creditworthy
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an investor can design a risky portfolio based on two stocks a and b the standard deviation of return on stock a is 25
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