Final answer:
Without additional information about the actual investment or its returns, it is not possible to determine the correct nominal annual rate compounded quarterly from the provided options. Further context or data is necessary to proceed with a calculation or a selection.
The correct answer is None of all.
Step-by-step explanation:
The question asks about the nominal annual rate at which a fund earns interest, compounded quarterly. To find the nominal annual rate when the interest is compounded quarterly, we would typically start with the effective annual rate (EAR) if we have it, and then calculate the nominal rate from that.
However, in this case, none of the information needed to calculate the EAR is provided within the question, and we are only given a choice of nominal annual rates to choose from. Therefore, we need additional information about the actual investment or its returns to proceed with a calculation or a confirmation of the correct answer choice.
Since we cannot proceed further without additional data, we must refrain from selecting a nominal rate from the provided options. Each option given is a seemingly arbitrary number without context or calculation to show why one would be the correct nominal interest rate compounded quarterly.
J11