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A Treasury note has 2 years left to maturity, a $1,000 face value, and a coupon rate of 5%, with annually (in $) paid coupon.
A Treasury note has 2 years left to maturity, a $1,000 face value, and a coupon rate of 5%, with annually (in \$) paid coupon. Part 1 Attempt 3/3 for 3.4 pts. Suppose this Treasury note is currently traded in the market at $960, what is the yield to maturity Step by Step Solution
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
