Question
h. A U.S. Treasury note with a face value of $1000 pays interest semiannually at matures in three years. If the coupon rate is
h. A U.S. Treasury note with a face value of $1000 pays interest semiannually at matures in three years. If the coupon rate is 4% and the bond equivalent yield is 5%, find the price of the note.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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