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QUESTION 6 The present value of the principal component of a $40,000 18 month 6.250% Treasury Note is quoted at 99.000. The 18 month zero
QUESTION 6
- The present value of the principal component of a $40,000 18 month 6.250% Treasury Note is quoted at 99.000. The 18 month zero coupon yield is thus ______________% (percent, rounded three places after the decimal)
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Economics For Investment Decision Makers
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
1st Edition
1118111966, 9781118111963
