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Author Question: Shylock Bank offers a savings account with an effective interest rate of 15 and weekly compounding. ... (Read 178 times)

09madisonrousseau09

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on: Jul 10, 2018
Shylock Bank offers a savings account with an effective interest rate of 15 and weekly compounding. What is the nominal rate (APR) on the account?
 
  A) 14.00
  B) 16.16
  C) 14.05
  D) 16.08
  E) 15.00

Question 2

Strategies to counter exchange rate risk include all of the following EXCEPT
 
  A) forward-market hedges. B) spot-market hedges.
  C) futures contracts. D) money-market hedges.


orangecrush

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

B


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