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Determine the effective annual interest rate corresponding to a nominal interest rate 0f 8 1/2 % per year, if the interest is compounded continuosly? I
Determine the effective annual interest rate corresponding to a nominal interest rate 0f 8 1/2 % per year, if the interest is compounded continuosly? I know the answer is 8.872% I would like to see the steps to get that
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
