Question: You are asked to convert a 6 months continuous compounded rate into a monthly compounded rate. If the annualized 6 month continuous compounded rate is

You are asked to convert a 6 months continuous compounded rate into a monthly compounded rate. If the annualized 6 month continuous compounded rate is 2.9900%, what is the monthly compounded annualized rate with a precision of 4 correct decimals?

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