Question: An interest rate is 5% per annum with continuous compounding. What is the equivalent semi-annual rate? A. 2.49% B. 2.47% C. 2.53% D. 2.52%
An interest rate is 5% per annum with continuous compounding. What is the equivalent semi-annual rate? A. 2.49% B. 2.47% C. 2.53% D. 2.52%
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