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Yields implicit in U . S . Treasury securities are benchmark rates throughout the U . S . economy, as well as in international capital
Yields implicit in US Treasury securities are benchmark rates throughout the US economy, as well as in international capital markets. The year yield to maturity was on the day our course started. What is the price of a year Treasury note with a coupon rate of per year, paid semiannually. Feel free to assume a face value of
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