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Suppose the continuously compounded annual interest rate is 4%. Find a) The equivalent annually compounded rate with act/360 daycount. b) The equivalent semiannually compounded rate

Suppose the continuously compounded annual interest rate is 4%. Find a) The equivalent annually compounded rate with act/360 daycount. b) The equivalent semiannually compounded rate with act/365 daycount. Assume quarters have lengths 92, 92, 91, 90 days.

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