Answered: What is the effective annual rate for…

What is the effective annual rate for 18 percent compounded semi-annually? O 18.81% O None of the listed items is correct O 19.25% O 9.00% O 39.24%

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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Question

What is the effective annual rate for 18 percent compounded semi-annually?
O 18.81%
O None of the listed items is correct
O 19.25%
O 9.00%
O 39.24%
A Moving to another question will save this response.
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Find the APR, or stated rate, in each of the following cases. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year. Stated Rate (APR) Number of Times Compounded % Semiannually % Monthly % Weekly % Daily Effective Rate (EAR) 12.50 % 8.50 % 12.50 % 10.50 %
Find the effective rate corresponding to the given nominal rate. (Use a 365-day year.) 8%/year compounded semiannually %/year
Find the APR, or stated rate, in each of the following cases. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year. Number of Times Compounded Semiannually Stated Rate (APR) % % Monthly % Weekly % Daily Effective Rate (EAR) 13.75 % 9.75 % 11.25 % 9.25 %
What is the effective annual rate, with a nominal annual rate of 10%, compounded monthly? - 10.0 percent - 9.0 percent - 10.47 percent - 10.87 percent
If effective annual rate is 20%, calculate annual percentage rate, compounded monthly. If the answer is 10.4567%, write 0.1046.
What semiannually compounded rate is equivalent to 6% compounded: a. Annually? (Do not round the intermediate calculations. Round your answer to 2 decimal places.) Compounded rate 5.91 % b. Quarterly? (Do not round the intermediate calculations. Round your answer to 2 decimal places.) Compounded rate 6.04 % c. Monthly? (Do not round the intermediate calculations. Round your answer to 2 decimal places.) Compounded rate 6.061 %
What is the APY (effective rate) for 16% APR compounded quarterly? Round to hundredths.
Problem 2: What are the stated rates that correspond to an effective annual rate of 10 percent given the compounding frequencies below? Effective Annual Rate .10 Stated Annual Rate Compounding Frequency 2 .10 .10 12 52
In general, which rate yields the larger amount in one year?(A) 13% compounded semi-annually(B) 12.87% compounded quarterly
What is the effective annual rate (EAR) (in percent) if the stated rate, or APR, is 2.95 percent and there are 207 compounding periods per year? Answer to two decimals. 4
Find the APR, or stated rate, in each of the following cases. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year. Number of Times Compounded Semiannually Stated Rate (APR) % % Monthly % Weekly % Daily Effective Rate (EAR) 14.75 % 10.75 % 10.25 % 8.25 %

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