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An investor is considering investing in a zero-coupon Treasury bond with a $100 par value. The choices are: i) a three-month Treasury bond sold at

An investor is considering investing in a zero-coupon Treasury bond with a $100 par value. The choices are:
i) a three-month Treasury bond sold at $98.6
ii) a half-year Treasury bond sold at $97.24
iii) a one-year Treasury bond sold at $96.02
iv) a 30- year Treasury bond sold at $28.28. Based on the effective annual rate, which Treasury bond should the investor choose? What other determinants may affect the investors decision? Explain your answers.
Note: assume per-period (annual) compounding for investments<1 year (>1 year)

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