1515. Periodic rate if it is multiplied with per year number of compounding periods is called

extrinsic rate of return
intrinsic rate of return
annual rate of return
nominal annual rate
✅ The correct answer is D.
Periodic rate if it is multiplied with per year number of compounding periods is called nominal annual rate. The nominal interest rate is the interest rate before taking inflation into account, in contrast to real interest rates and effective interest rates.

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