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Find the equivalent interest rates to the given nominal interest rates. a. Nominal interest rate...

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Finance

Find the equivalent interest rates to the given nominal interest rates.

a. Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 4.5%

%

Round to two decimal places

b. Nominal interest rate compounded monthly that is equivalent to 4% compounded quarterly

%

Round to two decimal places

c. Nominal interest rate compounded monthly that is equivalent to 9% compounded annually

%

Round to two decimal places

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