A bank quotes a stated annual interest rate of 4.00%. If that rate is equal to an effective annual rate of 4.08%, then the bank is compounding interest:
A
daily
正确答案
B
quarterly
C
semiannually
正确答案:A
详细解析
A is correct. The effective annual rate (EAR) when compounded daily is 4.08%.

考察有效年利率公式,分别求出年化利率然后相近于4.08%的答案。
所属课程:CFA-Level1
考试类型:金融经济考试