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Given i(26)=2.450%, find the equivalent effective semi-annual rate. a. 1.33051% b. 1.24427% c. 1.23195% d. 1.28123% e. 1.26891%

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Given i(26)=2.450%, find the equivalent effective semi-annual rate. a. 1.33051% b. 1.24427% c. 1.23195% d. 1.28123% e. 1.26891%

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