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8. Given a nominal annual interest rate of 7.5% convertible semiannually, determine the sum of the equivalent: (i) force of interest; and (ii) nominal annual

8. Given a nominal annual interest rate of 7.5% convertible semiannually, determine the sum of the equivalent: (i) force of interest; and (ii) nominal annual discount rate compounded quarterly. Give your answer rounded to four decimal places

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