3 thoughts on “Nominal vs. Effective Discount Rates (Actuarial Exam FM–Financial Mathematics–Module 1, Section 6)

  1. Good day Professor Stephen! I am just confused. 6 months is 1.5 quarters, right? I just want to ask why is it 2 quarters in the solution? Hope you can answer my question. Thank you so much!

  2. A decrease in the discount rate decreases the money supply? Is it TRUE or FALSE? and Why? can you explain it? thank you

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