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Assume that the following data on U.S. Treasury securities is current: Years to maturity Yield to maturity 1 4.32% 2 4.34% 3 4.34% 4 4.34%
Assume that the following data on U.S. Treasury securities is current:
Years to
maturity
Yield to
maturity
1 4.32%
2 4.34%
3 4.34%
4 4.34%
5 4.36%
7 4.42%
10 4.59%
20 4.78%
Refer to the information above. How much will a $10,000 investment in 5 -year Treasury notes return if the investment is held to maturity? Round your answer to the nearest $10.
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