What is the effective annual rate for 18 percent compounded semi-annually? O 18.81% O None of the listed items is correct O 19.25% O 9.00% O 39.24%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the effective annual rate for 18 percent compounded semi-annually?
O 18.81%
O None of the listed items is correct
O 19.25%
O 9.00%
O 39.24%
A Moving to another question will save this response.
Mac
SC
20
F3
F1
F2
O00
F4
F5
#3
%
4.
R.
Transcribed Image Text:What is the effective annual rate for 18 percent compounded semi-annually? O 18.81% O None of the listed items is correct O 19.25% O 9.00% O 39.24% A Moving to another question will save this response. Mac SC 20 F3 F1 F2 O00 F4 F5 #3 % 4. R.
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