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Given an effective quarterly rate j4=0.71875%, find the equivalent nominal rate i(26). a. 3.26758% b. 2.60833% c. 2.63699% d. 2.86630% e. 2.66566%

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Given an effective quarterly rate j4=0.71875%, find the equivalent nominal rate i(26). a. 3.26758% b. 2.60833% c. 2.63699% d. 2.86630% e. 2.66566%

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