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All main topics / Finance & Investment / Derivatives / Derivatives
The compounding frequency for an interest rate defines
A.The frequency with which interest is paid
B. A unit of measurement for the interest rate
C.The relationship between the annual interest rate and the monthly interest rate
D.None of the above
Answer: B

The compounding frequency is a unit of measurement. The frequency with which interest is paid may be different from the compounding frequency used for quoting the rate.
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Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015




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