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What is the effective annual yield if the semiannual periodic interest rate is 4.3%? The answer is: 8.785% I just need to see the work
What is the effective annual yield if the semiannual periodic interest rate is 4.3%?
The answer is: 8.785% I just need to see the work on how to get the answer :)
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Options Futures And Other Derivatives
Authors: John C. Hull
8th Edition
0132164949, 9780132164948
