Question: True or false? 1. Other thimgs equal, if m > 1, the APR > the periodic rate. 2. Other things equal, if m > 1,

True or false?
1. Other thimgs equal, if m > 1, the APR > the periodic rate.
2. Other things equal, if m > 1, the EAR < the APR
3. During the last half of the 20th century, the average risk-free rate was closer to 2% than to 7%.

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