Treasury notes and bonds. Use the information in the following table: LOADING... . Assume a...
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Finance
Treasury notes and bonds. Use the information in the following table:
LOADING...
. Assume a
$100,000
par value. What is the yield to maturity
LOADING...
of the August
2002
Treasury bond
LOADING...
with
semiannual
payment? Compare the yield to maturity and the current yield
LOADING...
. How do you explain this relationship?
What is the yield to maturity of the August
2002
Treasury bond?
nothing%
(Round to three decimal places.)
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