[单选题]

The effective annualized cost (%) of a banker's acceptance that has an all-inclusive annual rate of 5.25% for a one-month loan of $2,000,000 is closest to:

A.5.27.

B.5.38.

C.5.54.

参考答案与解析:

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  • The effective annualized cost (%) of a banker's acceptance that has an all-inclusive annual rat