What is the periodic rate of a 12 nominal rate with


1. What is the periodic rate of a 12% nominal rate with quarterly compounding?

2. What is the periodic rate if the nominal rate is 8.65% compounded monthly?

3. If the periodic rate is 8% and the compounding period is semiannual, what is the nominal rate?

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Financial Management: What is the periodic rate of a 12 nominal rate with
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