Question
Assume that you would like to find the yield to maturity of a Treasury note with a par value of $1000. The coupon rate of
Assume that you would like to find the yield to maturity of a Treasury note with a par value of $1000. The coupon rate of the bond is 0.044 and the price is $800. The 8-year bond pays semiannual coupons. Compute the yield to maturity of this bond. Enter your answer as a number.
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
