Which alternative would you prefer 1 1 percent a month, Financial Management

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Which alternative would you prefer 1 1 percent a month

Which alternative would you prefer: (1) 1 percent a month, compounded monthly, or (2) 1/2 percent a month, compounded semimonthly (24 periods)?

The Book name: Jones, Charles P.; Jensen, Gerald R.. Investments: Analysis and Management, 13th Edition (Page 161). Wiley. Kindle Edition.

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Financial Management: Which alternative would you prefer 1 1 percent a month

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