9.4. What is the annualized interest rate, compounded daily, that is equivalent to 10 percent interest compounded

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9.4. What is the annualized interest rate, compounded daily, that is equivalent to 10 percent interest compounded semiannually? What is the daily compounded rate that is equivalent to 10 percent compounded continuously?

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Financial Markets And Corporate Strategy

ISBN: 9780071157612

2nd Edition

Authors: Mark Grinblatt, Sheridan Titman

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