Question: Is E the correct answer? If the nominal annual rate of interest convertible semiannually is 3.5% find the corresponding equivalent nominal annual rate of discount

Is E the correct answer? Is E the correct answer? If the nominal annual rate of

If the nominal annual rate of interest convertible semiannually is 3.5% find the corresponding equivalent nominal annual rate of discount convertible every 4 months. A. 0.034497 B. 0.068019 C.0.34547 D. 0.034898 E. The answer does not appear here

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