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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

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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 and the Treasury notes and bonds. Use the information in the following table: current yield. How do you explain this relationship? What is the yield to maturity of the August 2004 Treasury bond? % (Round to three decimal places.) i X Data Table (Click on the following icon e in order to copy its contents into a spreadsheet.) Today is February 15, 2008 Price (per Issue Type $100 par Date value) Coupon Rate Maturity Date YTM Current Yield Rating Bond Aug 2004 93.47 4.50% 8-15-2014 4.814% AAA Print Done Enter your answer in the answer box and then click Check

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