Question: Momg to another question will save this response. Question 13 Which statement is true about conventions for annualizing rates of return? APR is the annualized

Momg to another question will save this response. Question 13 Which statement is true about conventions for annualizing rates of return? APR is the annualized rate taking compounding into consideration OEAR (effective annual rate) is calculated assuming compounding during the year oThe difference between APR and EAR for a given return does not depend on the number of compounding periods Because EAR takes compounding into consideration, it is always greater than APR Moving to another question will save this response

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