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If the incremental spot interest rates for the next three years are as follows: Year (01)=4% Year (12)=6% Year (23)=8% What is the equivalent annual

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If the incremental spot interest rates for the next three years are as follows: Year (01)=4% Year (12)=6% Year (23)=8% What is the equivalent annual interest rate compounded annually for this 3 -year period? 5.769% 6.013% 5.987% 6.000%

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