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Calculate the effective annual interest rate for each security A 1-month treasury bill selling at $99,555 with a par value of $100,000. A five-year $1000

  1. Calculate the effective annual interest rate for each security
    1. A 1-month treasury bill selling at $99,555 with a par value of $100,000.
    2. A five-year $1000 coupon bond selling at $800 and paying 4% coupon monthly.
    3. A coupon bond selling at par and paying 6% coupon semiannually.

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