Question: answer asap thanks thumbs up if correct The 1-year LIBOR is currently at 8% and is compounded quarterly. What it the closest equivalent rate on

answer asap thanks thumbs up if correct answer asap thanks thumbs up if correct The 1-year LIBOR is currently

The 1-year LIBOR is currently at 8% and is compounded quarterly. What it the closest equivalent rate on a continuously compounded basis? 7.80% O 7.90% 8.00% 08.10% 8.20%

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