tammymurwin
tammymurwin tammymurwin
  • 03-06-2020
  • Mathematics
contestada

what is effective annual yield?

Respuesta :

javo3ritz javo3ritz
  • 03-06-2020

Answer:

Effective annual yield is a measure of annual return on investment that takes the compounding of interest into account. It is calculated by compounding and annualizing the holding period return.

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