What is the effective interest rate corresponding to a nominal annual rate of: (Round your percentage answers

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What is the effective interest rate corresponding to a nominal annual rate of: (Round your percentage answers to 2 decimal places.)


a.	6.6% compounded semiannually?	%
b.	6.6% compounded quarterly?	%
c.	6.6% compounded monthly?	%

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Practical Financial Management

ISBN: 978-1133593683

7th edition

Authors: William R. Lasher

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Posted Date: Feb 14, 2022 01:21 PM

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What is the effective interest rate corresponding to a nominal annual rate of: (Round your percentage answers

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