Question: What annual nominal rate compounded semiannually has the same annual percentage yield as 12% compounded continuously? The annual nominal rate is% (Round to two decimal

What annual nominal rate compounded semiannually has the same annual percentage

yield as 12% compounded continuously? The annual nominal rate is% (Round to

What annual nominal rate compounded semiannually has the same annual percentage yield as 12% compounded continuously? The annual nominal rate is% (Round to two decimal places as needed.)

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