Remaining Time: 1 hour, 40 minutes, 11 seconds. Question Completion Status: 86 9 10 11 12 13 14 20 26 50 29 15 16 17 18 19 20 21 22 23 24 25 27 28 30 > Moving to another question will save this response. >> uestion 9 10 points Save Answer Assume a nominal rate of 6.0% and that interest is compounded daily. Assuming a 365 day year, compute the Effective Annual Rate. State as a percentage, but leave off the percent character and round to the nearest basis point. Hence 5.4321% would be written as 5.43 in order to get marked correct. Moving to another question will save this response >> * C 10-20 AM 6/15/2020