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

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Treasury notes and bonds. Use the information in the following table: E. Assume a $100,000 par value. What is the yield to maturity of the August 2003 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 2003 Treasury bond? X i Data Table % (Round to three decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) Today is February 15, 2008 Price (per Issue Type $100 par Date value) Coupon Rate Maturity Date YTM Current Yield Rating Bond Aug 2003 93.42 5.00% 8-15-2013 5.352% AAA Print Done Enter your answer in the answer box and then click Check Answer. ? part remaining Clear All Check

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