K The yield to maturity on a 10-year Treasury note (with face value $100 and annual coupon rate = 2.625 %) is 3.37%. If the price of this Treasury note goes up, its: I. coupon rate drops below 2.625%. II. coupon rate rises above 2.625%. III. yield to maturity drops below 3.37%. IV. yield to maturity rises above 3.37%. OA. III. OOC B. IV. C. I and III. OD. II and IV. O E. 1.
K The yield to maturity on a 10-year Treasury note (with face value $100 and annual coupon rate = 2.625 %) is 3.37%. If the price of this Treasury note goes up, its: I. coupon rate drops below 2.625%. II. coupon rate rises above 2.625%. III. yield to maturity drops below 3.37%. IV. yield to maturity rises above 3.37%. OA. III. OOC B. IV. C. I and III. OD. II and IV. O E. 1.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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