Question: To be equivalent to 1 0 . 6 % compounded quarterly, what must be the nominal rate with: ( Do not round intermediate calculations and

To be equivalent to 10.6% compounded quarterly, what must be the nominal rate with: (Do not round intermediate calculations and round your final answers to 2 decimal places.)
a. Annual compounding?
b. Semiannual compounding?
c. Monthly compounding?

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