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Assume a $100,000 par value. What is the yield to maturity of the August 2004 Treasury bond with semiannual payment? Compare the yield to maturity
Assume a $100,000 par value. What is the yield to maturity of the August 2004 Treasury bond with semiannual payment? Compare the yield to maturity and the current yield. How do you explain this Treasury notes and bonds. Use the information in the following table: relationship? What is the yield to maturity of the August 2004 Treasury bond? % (Round to three decimal places.) Compare the yield to maturity and the current yield. How do you explain this relationship? (Select the best response.) A. If a bond sells for its par value, the yield to maturity is greater than the current yield. B. If a bond sells at a premium, the yield to maturity is greater than the current yield. C. If a bond sells at a discount, the yield to maturity is greater than the current yield. OD. There is no certain relationship between the yield to maturity and the current yield
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