Accountancy, asked by alexdaniel, 8 months ago

Find the value of spread x requested in the following equation:1.5%EM + 1 = 12%NT + X

EM=Effective monthly
NT=quarterly nominal

Ans : 18.94%NT
Remember that the nominal rates are added and the effective rates are combined, in addition you must convert the rates to the periodicity of the unknown x

TIP2=RATE CONVERSION

Answers

Answered by sehajdhot121

1

Answer:

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