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Consider an original 2-year US Treasury note with a 4% coupon expiring on 06/15/2018. If this note actually sells at 101 in the bond market,
Consider an original 2-year US Treasury note with a 4% coupon expiring on 06/15/2018. If this note actually sells at 101 in the bond market, what would be its yield to maturity? Assume the bond's settlement date is November 1, 2016. Remember that US government bonds and notes pay the coupon on a semi-annual basis
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