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Treasury notes and bonds. Use the information in the following table:... . Assume a $100,000 par value. What is the yield to maturity... of the

Treasury notes and bonds. Use the information in the following table:... . Assume a $100,000 par value. What is the yield to maturity... of the August 2003 Treasury bond LOADING... with semiannual payment? Compare the yield to maturity and the current yield... . How do you explain this relationship?

Today is February 15, 2008

Type

Issue

Date

Price (per $100 parvalue)

Coupon

Rate

Maturity

Date

YTM

Current

Yield

Rating

Bond

Aug 2003

80.55

4.75%

8-15-2013

5.897%

AAA

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