Treasury notes and bonds. Use the information in the following table: : . Assume a...
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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? Compa 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.) 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? Compa 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.)
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