You paid $94,555 for 2-year T-note with face of $100,000. 5% coupons are paid twice...

70.2K

Verified Solution

Question

Finance

You paid $94,555 for 2-year T-note with face of $100,000. 5% coupons are paid twice a year. imageimageimage

Choose a value closest to APR. 6.5%7%7.5%8%8.5% Choose a value closest to EAR. 8%8.05%8.1% Choose a value closest to the current yield. 4.3%5.3%6.3%7.3%8.3% You paid $94,555 for 2 -year T-note with face of $100,000.5% coupons are paid twice a year. Choose a value closest to the period rate. 1% 2% 3% 4% 5%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students