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An interest rate is 5% per annum with continuous compounding. What is the equivalent rate with quarterly compounding? Assume e=2.71828. Question 12 options: There is
An interest rate is 5% per annum with continuous compounding. What is the equivalent rate with quarterly compounding? Assume e=2.71828.
Question 12 options:
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| There is insufficient information to make decision. |
|
| 5.03%. |
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| None of the other answers. |
|
| 4.97%. |
|
| 5.06%. |
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Handbook Of Modeling High Frequency Data In Finance
Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
