A bank offers an apr of 488 compounded monthly what is the
A bank offers an APR of 4.88% compounded monthly.
What is the annual percentage yield?
Do not round until the final answer. Then round to two decimal places as? needed.
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a bank offers an apr of 488 compounded monthlywhat is the annual percentage yielddo not round until the final answer
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assume asset a pays a 10 yield in perpetuity and an identical asset b pays an 8 yield eg 8 cap rate that grows 2 per
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