Question: 8 Construct a spreadsheet to convert a nominal interest rate compounded m times per year i'll and convert it to an effective rate j. per

Construct a spreadsheet to convert a nominal interest rate compounded m times per year i'll and convert it to an effective rate j. per 1 of a year. On the same spreadsheet, also start with an effective rate . per 1/m of a year and convert it to a nominal rate I'l compounded n times per year. Use your spread sheet to solve the following two problems Given the nominal rate i'll = 5.700%, find the equivalent effective semi-annual rate, Given the effective semi-arewal rate in = 2.084%, find the equivalent nominal rate pin

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