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Business, 18.03.2021 02:00 ssuereichard

Assume that a $1,000,000 par value, semiannual coupon U. S. Treasury note with five years to maturity (YTM) has a coupon rate of 3%. The yield to maturity of the bond is 8.80%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note:

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Assume that a $1,000,000 par value, semiannual coupon U. S. Treasury note with five years to maturit...
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