A leading bank offers an investment that pays 8 percent interest, compounded semiannually. What is the investment's effective annual rate (rEAR)?
A. 8.16%
B. 8.36%
C. 8.56%
D. 8.76%
E. 8.96%
Answer: A
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Which of the following is true according to the authors?
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Harun speaks out to HR about an incidence of misconduct he witnessed and is labeled a “squealer” by coworkers. He regrets reporting the incident primarily because of ______.
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