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Price (per Coupon Maturity M Issue $100 par Rate value) 86.48 TypeDate Yield Date Bond Aug 2005 4 00% 8-15-2015 4 625% Assume a $100,000

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Price (per Coupon Maturity M Issue $100 par Rate value) 86.48 TypeDate Yield Date Bond Aug 2005 4 00% 8-15-2015 4 625% Assume a $100,000 par value. What is the yield to maturity of the August 2005 Treasury bond with semiannual payment? Compare the yield to maturity and the current yield. How do you explain this relationship? What is the yield to maturity of the August 2005 Treasury bond? ?96 (Round to three decimal places ) Enter your answer in the answer box and then click Check Answer Clear All part remaining ENG

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