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Dorothy Taylor is planning to buy 1 0 - year zero coupon bonds issued by the U . S . Treasury. If these bonds have
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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