Question: #8 8a What is the annual nominal rate compounded daily for a bond that has an annual yield of 6.3%? The annual nominal rate is
#8
8a What is the annual nominal rate compounded daily for a bond that has an annual yield of 6.3%? The annual nominal rate is OK (Round to three decimal places. Use a 365-day year.) What annual nominal rate compounded quarterly has the same annual percentage yield as 15% compounded continuously? The annual nominal rate is %. (Round to two decimal places as needed.)
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