Exam (elaborations)
MAC2602_ Assignment_ 2.
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MAC2602 - Principles Of Strategy, Risk & Financial Management Techniques. MAC2602_ Assignment_ 2. ) Expressing each option as effective annual rate i. Fixed Dep acc Effective annual rate EAR = ((1 + i) ^n -1) = (1 + 0.02) 2 − 1 = (1.02) 2 − 1 = 1.04 – 1 = 0.04 = 4 % ii. Special Savi...
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