A 5year Treasury note has a coupon rate of 2.50 percent. What price would you pay for

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A 5‐year Treasury note has a coupon rate of 2.50 percent. What price would you pay for such a security having a principal (par value) of $1 million if the current interest rate is 2.25 percent? The current interest rate is 3 percent?

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Financial Markets Banking And Monetary Policy

ISBN: 9781118872239

1st Edition

Authors: Thomas D. Simpson

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Question Posted: Feb 02, 2024 09:48 AM

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A 5year Treasury note has a coupon rate of 2.50 percent. What price would you pay for

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The price of a bond or treasury note can be calculated by finding the present value of its future ca...View the full answer

Financial Markets Banking And Monetary Policy

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