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 1 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 1 years. This particular Treasury has a YTM of 2.14%, and a stated rate of interest of 3.86% with a maturity of 1 years. The market price of this treasury is closest to?
a. $101,692.78
b. $105,491.70
c. $99,794.40
d. $101,683.96
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The Oxford Handbook Of Quantitative Asset Management
Authors: Bernd Scherer, Kenneth Winston
1st Edition
0199553432, 978-0199553433
