An interest rate is 12 when expressed with quarterly, Financial Management

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An interest rate is 12 when expressed with quarterly

a. An interest rate is 12% when expressed with quarterly compounding. What is the equivalent rate with semiannual compounding?

b. The two-year zero rate is 6% and the three-year zero rate is 6.5% (both continuously compounded). What is the forward rate for the third year?

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Financial Management: An interest rate is 12 when expressed with quarterly

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