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Which of the following nominal rates compounded daily is equivalent to i(2)=7.025%. a. i(365)=7.181%. b. i(365)=7.388%. c. i(365)=6.905%. d. i(365)=8.424%. e. i(366)=8.977%

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Which of the following nominal rates compounded daily is equivalent to i(2)=7.025%. a. i(365)=7.181%. b. i(365)=7.388%. c. i(365)=6.905%. d. i(365)=8.424%. e. i(366)=8.977%

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