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You have found three investment choices for a? one-year deposit: 11?% APR compounded? monthly, 11?% compounded? annually, and 10?% compounded daily. Compute the EAR for each investment choice.

a. What is EAR for 11?% compounded monthly??

b. What is EAR for 11?% compounded annually??

c. What is EAR for 10?% compounded daily??

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