If M 1 and you solve the following equation to find i: PV * (1 + (i/M))M*N= FV,the i you get will be
A)the rate per compounding period.
B)the EYE.
C)the bond equivalent yield.
D)the TOE.
E)the EAR.

Question

If M > 1 and you solve the following equation to find i: PV * (1 + (i/M))M*N= FV,the i you get will be
A)the rate per compounding period.
B)the EYE.
C)the bond equivalent yield.
D)the TOE.
E)the EAR.

Quizplus · Accepted Answer

The Answer of If M > 1 and you solve the following equation to find i: PV * (1 + (i/M))M*N= FV,the i you get will be
A)the rate per compounding period.
B)the EYE.
C)the bond equivalent yield.
D)the TOE.
E)the EAR.

If M > 1 and You Solve the Following Equation