Question: Consider a growing annuity that will earn 11% annually and grow at 6% per year. Calculate the adjusted semi-annual rate. Express your answer as a

Consider a growing annuity that will earn 11% annually and grow at 6% per year. Calculate the adjusted semi-annual rate. Express your answer as a percentage to 2 decimal places. For example: 0.98 % or 2.13 %. Include the % sign

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