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answer the following questions Treasury notes and bonds. Use the information in the following table. Today is February 15, 2008. Price (per $100 par value)

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Treasury notes and bonds. Use the information in the following table. Today is February 15, 2008. Price (per $100 par value) Maturity Issue Coupon Current Type Rating YTM Date Date Yield Rate Bond Aug 2000 86.51 4.75% 8-15-2010 5.491% AAA Assume a $100,000 par value. What is the yield to maturity of the August 2000 Treasury bond with semiannual payment? Compare the yield to maturity and the current yield. How do you explain this relationship

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