Question: Consider a growing annuity that will earn 13% annually and grow at 4% per year. Calculate the adjusted semi-annual rate. Express your answer as a

Consider a growing annuity that will earn 13% annually and grow at 4% 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. Your Answer: Answer units

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