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1. You are eyeing an investment in Treasury Notes for a full lot (i.e. PAR=$100,000), and find a note with a maturity of 1 years.
1. You are eyeing an investment in Treasury Notes for a full lot (i.e. PAR=$100,000), and find a note with a maturity of 1 years. This particular Treasury has a YTM of 3.51%, and a stated rate of interest of 4.10% with a maturity of 1 years. The market price of this treasury is closest to?
a. $100,574.82 b. $100,569.99 c. $104,569.36 d. $98,589.51
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