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2. The following cash flows are equivalent in value if the interest rate is i. Which one is more valuable if the interest rate is

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2. The following cash flows are equivalent in value if the interest rate is i. Which one is more valuable if the interest rate is 2i? 2 ) 0 23 3. A bank is offering to sell 6-month certificates of deposit for $9800. At the end of 6 months, the bank will pay $10,000 to the certificate owner. Compute the nominal annual interest rate and the effective annual interest rate

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