Quiz Ch 05 – APR and Effective Annual Rate Alignment

Fundamentals of Corporate Finance

Brealey, Myers, and Marcus

10th Edition

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Under which circumstances must the APR on a loan be the same as the effective annual rate?

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  • Search Terms: a) a annual annually. c) apr be compounding effective equal for is less loan monthly. b) more must occurs on one rate than the to when: year. year. d)
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