16 A 10-year Treasury note as a face value of $1,000, price of $1,200, and a 75% coupon rate Based on this information, we know the: a. present value is greater than its price. b, current yield is equal to 8.33%. c. coupon payment on this bond is equal to $75. d. coupon payment on this bond is equal to $90. 17. If the annual interest rate is 5% (05), the price of a six-month Treasury bill would be: a. $97.50 b. $97.59 c. $95.25 d. $95.00