Question: What nominal annual rate (NOM2), compounded semi-annually is equivalent to NOM1 compounded quarterly? Answer this problem by filling in the blanks below. State all percentage

What nominal annual rate (NOM2), compounded semi-annually is equivalent to NOM1 compounded quarterly? Answer this problem by filling in the blanks below. State all percentage values with 6 decimal places. NOM1: 2.35% NOM2: Answer % CY1: Answer CY2: 2 EFF1: Answer % EFF2: Answer %

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