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Determine the no-arbitrage price today of a 5 year $1,000 US Treasury note with a coupon rate of 2% and a YTM of 4.25% (APR)
Determine the no-arbitrage price today of a 5 year $1,000 US Treasury note with a coupon rate of 2% and a YTM of 4.25% (APR) (to the penny)
A. $739.65
B. $900.53
C. $819.76
D. $899.60
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