Adrienne dawson is planning to buy 10-year zero coupon, Financial Management

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Adrienne dawson is planning to buy 10-year zero coupon

Adrienne Dawson is planning to buy 10-year zero coupon bonds issued by the U.S. Treasury. If these bonds have a face value of $1,000 and are currently selling at $414.25, what is the expected return on them? Assume that interest compounds semiannually on similar coupon paying bonds. Effective Rate of Return in %

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Financial Management: Adrienne dawson is planning to buy 10-year zero coupon

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Financial Management: Adrienne dawson is planning to buy 10-year zero coupon

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