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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 7 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 7 years. This particular Treasury has a YTM of 2.48%, and a stated rate of interest of 0.72% with a maturity of 7 years. The market price of this treasury is closest to? a. $86,529.04 O b. $93,354.52 c. $88,753.81 O d. $88,816.56
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