Please consider a nominal monthly interest rate of 0.1 %. What is the corresponding nominal annual interest rate Time left 1:57:21 effective annual interest rate if you assume monthly compounding interest calculation? Select one: A. The nominal annual interest rate equals 1.2000 %, the effective annual interest rate cannot be determined with the given information B. The nominal annual interest rate equals 1.2000 %, the effective annual interest rate equals 1.2066 %. C. The nominal annual interest rate equals 1.2066 %, the effective annual interest rate equals 1.2000 %. D The nominal annual interest rate cannot be calculated with the given information; the effective annual interest rate equals 1.2066 % Evaluate the following statements? 1) The concept of the Time Value of Money states that cash flows can only be compared or combined if they refer to the same point in time 2) The concept of No Arbitrage states that two securities that provide the same future cash flows and have the same level of risk must have the same price. 3) To move a cash flow forward in time, you must discount it. Select one: A. (1) is correct. (2) and (3) are false. B. (2) and (3) are correct. (1) is false. C. (2) is correct. (1) and (3) are false. D. (1) and (2) are correct. (3) is false, You have 200.000 EUR and need to increase your initial investment by approximetely 250% to buy a house in 12 years. Your bank advisor offers you a saving's plan with two different interest rate schedules. 1. Nominal annual interest rate of X % p.a. with (annual) compounding interest. II. Continuous compounding interest with Y% nominal annual interest rate. What are the minimum values for X and Y that the bank needs to offer you, so that you can accomplish your financial goal? Select one: A. X = 11.00% : Y = 10.78%. B. X = 7.93% : Y = 7.64%. C. X= 7.93% : Y = 3.38%. D. X = 11.00% : Y = 7.64%