单选题
The effective annual rate for an investment with a stated annual rate of 10% if compounded quarterly is closest to:
A. 10.25%
B. 10.38%
C. 10.52%
A
B
C
【正确答案】
B
【答案解析】
[解析] 有效年收益率EAR=(1+periodic rate)
m
-1=(1+10%/4)
4
-1=10.38%。
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