You are considering an investment that has a nominal annual interent
You are considering an investment that has a nominal annual interest
rate of 8.94 percent, compounded semiannually. Therefore, the effective annual rate, or EAR (annual percentage yield) is _____.
Round the answer to two decimal places in percentage form.
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
