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ICICl quotes nominal annual interest rate of 6.6% compounded annually, 6.5% compounded semiannually and 6.4% compounded monthly on 5 year compound interest GICs. What rate

ICICl quotes nominal annual interest rate of 6.6% compounded annually, 6.5% compounded semiannually and 6.4% compounded monthly on 5 year compound interest GICs. What rate should an investor choose? Select one: A. Insufficient data to make a decision B. 6.4% compounded monthly C. Any, as all alternatives are same D. 6.5% compounded semi-annually E. 6.6% compounded annually

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