Dorothy Taylor is planning to buy 10-year zero coupon bonds issued by the U.S. Treasury....
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Dorothy Taylor is planning to buy year zero coupon bonds issued by the US Treasury. If these bonds have a face value of $ and are currently selling at $ what is the effective annual yield? Assume that interest compounds semiannually on similar coupon paying bonds. Round intermediate calculations to decimal places, eg and final answer to decimal places, eg
Dorothy Taylor is planning to buy year zero coupon bonds issued by the US Treasury. If these bonds have a face value of $ and are currently selling at $ what is the effective annual yield? Assume that interest compounds semiannually on similar coupon paying bonds. Round intermediate calculations to decimal places, eg and final answer to decimal places, eg
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