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Assume the inflation rate is 2.05% APR, compounded annually. Would you rather earn a nominal return of 5.55% APR, compounded semiannually, or a real return

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Assume the inflation rate is 2.05% APR, compounded annually. Would you rather earn a nominal return of 5.55% APR, compounded semiannually, or a real return of 2.62% APR, compounded quarterly? (Note: Be careful not to round any intermediate steps less than six decimal places.) To put these on the same basis, you must convert them both to nominal EARS The EAR for 5.55% APR, compounded semiannually is Round to six decimal places.) (Type your answer in decimal format The nominal EAR for a real 2.62% APR, compounded quarterly is format. Round to six decimal places.) (Type your answer in decimal You would rather earn (Select from the drop-down menu.) the nominal rate APR, compounded semiannually real rate APR, compounded quarterly

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