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Business, 24.04.2020 23:02 smagallanes

First National Bank offers two-year CDs at 9.17% compounded daily, and Citywide Savings offers two-year CDs at 9.18% compounded quarterly. Compute the annual yield for each institution. (Round your answers to two decimal places.)

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First National Bank offers two-year CDs at 9.17% compounded daily, and Citywide Savings offers two-y...
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