Which do you prefer: a bank account that pays 5% per year (EAR) for three years or

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An account that pays 2.5% every six months for three years

An account that pays 7.5% every 18 months for three years

An account that pays 0.50% per month for three years

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: Jul 30, 2018 03:20 AM

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Which do you prefer: a bank account that pays 5% per year (EAR) for three years or

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Fundamentals of Corporate Finance

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