Question

nominal interest rate is also known as
a. effective interest rate
b. coupon rate
c. periodic interest rate
d. annual percentage rate​

Answer 1

Answer:

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Explanation:

The term “interest rate” is one of the most commonly used phrases in the fixed-income investment lexicon. The different types of interest rates, including real, nominal, effective, and annual, are distinguished by key economic factors, that can help individuals become smarter consumers and shrewder investors

Answer 2

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c. periodic interest rate