Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with five years to maturity (YTM) has a coupon rate of 3%. The yeild to maturity of the bond is 9.80%. Using this information and ignoring other costs involved, the value of the Treasury note is ________ ? The T-note described is currently selling at ______. Assuming that interest rates remain constant over the life of the note. Its price should be expected to______ as the T-note approaches maturity. When valuing a semiannual coupon bond, the time period (N) in the present value formula is assumed to have a value of _____ periods.