Treasury notes and bonds. Use the information in the following table: Assume a $100,000 par value. What is the yield to maturity of the August 2006 Treasury bond with semiannual payment? Compare the yield to maturity and the current yield. How do you explain this relationship? What is the yield to maturity of the August 2006 Treasury bond? % (Round to three decimal places.)
Treasury notes and bonds. Use the information in the following table: Assume a $100,000 par value. What is the yield to maturity of the August 2006 Treasury bond with semiannual payment? Compare the yield to maturity and the current yield. How do you explain this relationship? What is the yield to maturity of the August 2006 Treasury bond? % (Round to three decimal places.)
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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Treasury notes and bonds. Use the information in the following table: Assume a $100,000 par value. What is the yield to maturity of the August 2006
Treasury bond with semiannual payment? Compare the yield to maturity and the current yield. How do you explain this relationship?
What is the yield to maturity of the August 2006 Treasury bond?
% (Round to three decimal places.)
Data Table
(Click on the following icon D in order to copy its contents into a spreadsheet.)
Today is February 15, 2008
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Price (per
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8-15-2016
3.107%
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