Question: 4. Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? It is more likely

4. Even if the five banks provided the same effective annual

4. Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? It is more likely that an investor would prefer the bank that compounded I frequently. 4. Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? It is more likely that an investor would prefer the bank that compounded I frequently

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