1. A 6-month Treasury bill with redemption amount of 10,000 is purchased to yield an annual effective rate of 3.51%. For the same purchase price, a zero coupon bond with redemption amount of 50,000 at...

Extracted text: 1. A 6-month Treasury bill with redemption amount of 10,000 is purchased to yield an annual effective rate of 3.51%. For the same purchase price, a zero coupon bond with redemption amount of 50,000 at the end of 20 years is available. The nominal yield rate convertible semiannually on this bond is i(2), Find i(2).