Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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An interest rate of 2% per quarter, compounded continuously, is closest to an effection semi annual rate of:
a)2.02% per semiannual period b). 4.00% per semiannual period c). 4.08% per semiannual period d). 2.00% per semiannual period
e).5.0% per semiannual period
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