Question
You are eyeing an investment in Treasury Notes for a full lot (i.e. PAR=$100,000), and find a note with a maturity of 20 years. This
You are eyeing an investment in Treasury Notes for a full lot (i.e. PAR=$100,000), and find a note with a maturity of 20 years. This particular Treasury has a YTM of 4.16%, and a stated rate of interest of 0.89% with a maturity of 20 years. The market price of this treasury is closest to
a. $50,219.77
b. $55,894.94
c. $56,182.67
d. $67,899.07
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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
