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1. Express the effective discount rate d[1,4] between year 2 and 5 in terms of the nominal discount rate d(4) compounded quarterly. 2. Express the

1. Express the effective discount rate d[1,4] between year 2 and 5 in terms of the nominal discount rate d(4) compounded quarterly.

2. Express the nominal discount rate d(12) convertible monthly in terms of the nominal interest rate i(4) convertible quarterly.

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