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A US Treasury bond with exactly 5-years to maturity, semi-annual compounding, and yield-to-maturity of 0.75%, sells at a price of 100.00 (per 100 par value).
A US Treasury bond with exactly 5-years to maturity, semi-annual compounding, and yield-to-maturity of 0.75%, sells at a price of 100.00 (per 100 par value). What is its annual coupon? (pick the best answer)
Group of answer choices
coupon 0.50%
0.50% < coupon 1.50%
1.50% < coupon 2.00%
2.00% < coupon
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