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4. You have purchased a $1,000,000 million Face or Par Value 10-year T-note. This 10-year T-note pays a 1.5% coupon (paid semi-annually) and has a
4. You have purchased a $1,000,000 million Face or Par Value 10-year T-note. This 10-year T-note pays a 1.5% coupon (paid semi-annually) and has a current market price equal to 102.50% of Face or Par value ($1,025,000). What is the current Yield to Maturity (YTM) of this 5-year T-note? Yield to Maturity = %
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