Effective annual yield on investment
Shirley invested in a U.S. government bond and earned a semiannual yield of 3.8 percent. The bond pays coupons twice a year. What is the effective annual yield on this investment?
7.74%
7.6%
3.8%
None of the above.
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entify the subject (s):On the way home from the theater, I got a flat tired.
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