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5 Treasury notes and bonds. Use the information in the following table: What is the yield to maturity of the February 1998 Treasury bond based
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Treasury notes and bonds. Use the information in the following table: What is the yield to maturity of the February 1998 Treasury bond based on the price in the table? Assume that the bond has a $100,000 par value and makes semiannual coupon payment. What is the current yield of the bond? Why is the current yield higher than the yield to maturity? Data table (Click on the following icon n in order to copy its contents into a spreadsheet.)Step by Step Solution
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