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Suppose that a 10-year T-note is purchased with a face value of $30,000 and a coupon rate of 3.7%. (a) What is the total
Suppose that a 10-year T-note is purchased with a face value of $30,000 and a coupon rate of 3.7%. (a) What is the total return of this investment? (b) What is the average rate of return? (a) The total return is $ 41100. (Simplify your answer.) (b) The average rate of return is %. (Simplify your answer. Round to two decimal places as needed.)
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