Question: Question 3 ( 1 0 points ) Listen An interest rate is 1 1 . 0 0 % per annum with continuous compounding. What is

Question 3(10 points)
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An interest rate is 11.00% per annum with continuous compounding. What is the equivalent rate with semiannual compounding? (Answer in percent with two decimals. e.g: example 6.25)
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Question 3(10 points) Listen An interest rate is 11.00% per annum

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