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An investor is considering the purchase of a 10-year U.S. Treasury note that bears a 6% coupon rate with interest payments made semiannually. The bond
An investor is considering the purchase of a 10-year U.S. Treasury note that bears a 6% coupon rate with interest payments made semiannually. The bond is currently priced to yield 3.6%.
As a percent of par, the bonds price is closest to:
A | 110.89%. |
B | 119.86%. |
C | 120.00%. |
D | 133.80%. |
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