Question: US Treasury notes currently pay an effective annual rate (yield) of 4%. Your financial advisor offers you a savings product that his firm is selling

US Treasury notes currently pay an effective annual rate (yield) of 4%. Your financial

advisor offers you a savings product that his firm is selling for $1000 that matures in

4 years and pays $35 at the end of each year, plus the original $1000 at maturity (in

other words, they are $1000 face value b

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