↓ 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: 1. 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. B. IV. OC. I and III. OD. II and IV. O E. 1.

↓ 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: 1. 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. B. IV. OC. I and III. OD. II and IV. O E. 1.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter4: Bond Valuation

Section: Chapter Questions

Problem 10P

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