Assume that a $1,000,000 par value, semiannual coupon U. S. Treasury note with two years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 9.90%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note:
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Assume that a $1,000,000 par value, semiannual coupon U. S. Treasury note with two years to maturity has a coupon rate of 6%. The yield to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Assume that a $1,000,000 par value, semiannual coupon U. S. Treasury note with two years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 9.90%.