Question
1. You've been watching the markets and note that the price for the US Treasury 15-year notes, with a coupon rate of 3 3/8%, has
1.
You've been watching the markets and note that the price for the US Treasury 15-year notes, with a coupon rate of 3 3/8%, has risen to $100.95 per $100 face value. Based on this change in price, the yield to maturity is closest to:
| A. | 1.6471%. | |
| B. | 3.2942%. | |
| C. | 3.2937%. |
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
