Dear student, only one question is allowed at a time. I am answering the first question
1)
Nominal Interest rate is that interest rate that does not include any consideration of compounding
Nominal Interest rate
= Interest rate per period x Number of periods
A year has 4 quarters, so number of periods = 4
Interest rate per period = 2%
So, Nominal Interest rate per year
= 2% x 4
= 8%
So, as per above discussion, option B is the correct option
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