Question: Remaining Time: 2 hours, 07 minutes, 44 seconds Question Completion Status: QUESTION 13 What is the effective annual interest rate (EAR) for an interest rate

 Remaining Time: 2 hours, 07 minutes, 44 seconds Question Completion Status:

Remaining Time: 2 hours, 07 minutes, 44 seconds Question Completion Status: QUESTION 13 What is the effective annual interest rate (EAR) for an interest rate of 15 * compounded monthly O a. 15,874 b. 15.32% OC 16.08 Od 15.56% Oe. 16.34 QUESTION 14 Consider the following stream of end-of-year payments year 2 3 4 5 cash flow $35,000 350,000 $45,000 $25,000 $15.000 The future value at the end of year 5 of the entire stream, regardless of the interest rate must be a less than $50,000 o bless than $170,000 O equal to $250,000 d. more than $250,000 e more than $170,000 HECTION 14 Click and submit to save and subtrit. Click Se All Artwall are

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