What is the highest effective rate attainable with a 12 percent ...

[codyclark]

What is the highest effective rate attainable with a 12 percent nominal rate?
 
  A) 12.00
  B) 12.55
  C) 12.75
  D) 12.95

Question 2

If the CEO of a company were to pass away, what do you think would happen to price of the stock?
 
  A) It would decrease because of the perceived increased risk due of lack of near-term leadership.
  B) It would increase because of the perceived increased risk due of lack of near-term leadership.
  C) It would decrease because of the perceived decreased risk due of lack of near-term leadership.
  D) It would increase because of the perceived decreased risk due of lack of near-term leadership.

[Dinolord]

Answer to Question 1

C

Answer to Question 2

A

[codyclark]

Thank you

[Dinolord]

Happy to help you