Question: What is the nominal annual rate compounded semiannually equivalent to an effective rate of 4.09%? Round the answer to NOM to four decimal places. (1year

What is the nominal annual rate compounded semiannually equivalent to an effective rate of 4.09%? Round the answer to NOM to four decimal places. (1year = 365days)

NOM=

EFF=

C/Y=

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