Question
Given an effective rate of discount d = 5.2% per annum, what is the result for the corresponding nominal rate of interest compounded every 9
Given an effective rate of discount d = 5.2% per annum, what is the result for the corresponding nominal rate of interest compounded every 9 months? Enter the result in decimals, not percentage.
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
