Assume the interest rate is quoted as 5 per annum with, Financial Management

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Assume the interest rate is quoted as 5 per annum with

Assume the interest rate is quoted as 5% per annum with semiannual compounding. The equivalent rate with annual compounding is 5.0625% per annum, monthly compounding is 4.949%, and continuous compounding is 4.939%. Comment and explain why these make sense.

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Financial Management: Assume the interest rate is quoted as 5 per annum with

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Financial Management: Assume the interest rate is quoted as 5 per annum with

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