Question: Problem 1 (2 points): It may be intuitive that more frequent compounding yields higher returns. Mathematically speaking, show why a semi-annual compounding at a rate

Problem 1 (2 points): It may be intuitive that more frequent compounding yields higher returns. Mathematically speaking, show why a semi-annual compounding at a rate of r yields a higher return than an annual compounding at the same rate of r
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