What is the nominal rate which is compounded semi annually, yields an effective rate?

a.4%


b.8%


c.10%


how to solve this, what are the possible solutions , thanks in advance

What is the nominal rate which is compounded semi annually, yields an effective rate?
You need more information. And then to solve you would do something like this:


4% compounded semi-annually gives you an annual effective rate of:


([1 + (4% / 2)] ^ 2) - 1


=(1.02^2) - 1


=1.0404 - 1 = 4.04%