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 2003 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 2003 Treasury bond? % (Round to three decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Today is February 15, 2008 Type Bond Issue Date Aug 2003 Price (per $100 par value) 80.66 Coupon Rate 4.75% Print Maturity Date 8-15-2013 Done YTM - Current Yield 5.889% Rating AAA - X

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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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 2003 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 2003 Treasury bond?
% (Round to three decimal places.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet.)
Today is February 15, 2008
Type
Bond
Issue
Date
Aug 2003
Price (per
$100
par value)
80.66
C
Coupon
Rate
4.75%
Print
Maturity
Date
8-15-2013
Done
YTM
Current
Yield
5.889%
Rating
AAA
- X
Transcribed Image Text: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 2003 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 2003 Treasury bond? % (Round to three decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Today is February 15, 2008 Type Bond Issue Date Aug 2003 Price (per $100 par value) 80.66 C Coupon Rate 4.75% Print Maturity Date 8-15-2013 Done YTM Current Yield 5.889% Rating AAA - X
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