Today is February 15, 2008 Issue Coupon Maturity Current |Туре Price ΥTΜ Rating Date Rate Date Yield Note Feb 2002 6.75% 2-15-2012 5.728% AAA

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter7: Types And Costs Of Financial Capital
Section: Chapter Questions
Problem 2EP
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Treasury notes and bonds. Use the information in the following table: . What is the price in dollars of the February 2002 Treasury note with semiannual payment if its par value is
$100,000? What is the current yield of this note?
What is the price in dollars of the February 2002 Treasury note?
(Round to the nearest cent.)
Transcribed Image Text:Treasury notes and bonds. Use the information in the following table: . What is the price in dollars of the February 2002 Treasury note with semiannual payment if its par value is $100,000? What is the current yield of this note? What is the price in dollars of the February 2002 Treasury note? (Round to the nearest cent.)
Today is February 15, 2008
Issue
Coupon
Maturity
Current
Туре
Price
YTM
Rating
Date
Rate
Date
Yield
Note
Feb 2002
6.75%
2-15-2012
5.728%
AAA
Transcribed Image Text:Today is February 15, 2008 Issue Coupon Maturity Current Туре Price YTM Rating Date Rate Date Yield Note Feb 2002 6.75% 2-15-2012 5.728% AAA
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