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To be equivalent to 11.8% compounded quarterly, what must be the nominal rate with: (Do not round intermediate calculations and round your final answers to

To be equivalent to 11.8% compounded quarterly, what must be the nominal rate with: (Do not round intermediate calculations and round your final answers to 2 decimal places.)

a. Annual compounding? %
b. Semiannual compounding? %
c. Monthly compounding? %

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