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A bank pays interest at the nominal rate of 8 . 3 % per year. Find the following effective yields. Round your answers to two

A bank pays interest at the nominal rate of 8.3% per year. Find the following effective yields.
Round your answers to two decimal places.
(a) The effective yield is % when interest is compounded annually.
(b) The effective yield is % when interest is compounded monthly.
(c) The effective yield is % when interest is compounded continuously.
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