Question: 12. Find the nominal rate compounded semi-annually that is equivalent to 5.2% compounded annually. a) 2.56% b) 2.6% c) 5.13% d) 5.5%

12. Find the nominal rate compounded semi-annually that is equivalent to

12. Find the nominal rate compounded semi-annually that is equivalent to 5.2% compounded annually. a) 2.56% b) 2.6% c) 5.13% d) 5.5%

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