A 7-year Treasury note with a coupon rate of 5.8 percent has a par value is $1000.

Fantastic news! We've Found the answer you've been seeking!

Question:

A 7-year Treasury note with a coupon rate of 5.8 percent has a par value is $1000. If the price of this bond is $1046.29, what is the current yield on this bond?

Posted Date: May 11, 2024 02:54 AM

See More Questions

Banz and Reinganum found that small firms consistently outperformed large firms. This anomaly is referred to as the a.growth firm effect. b.small firm effect. c.size effect. d.large firm...
Wildcard mask for an ACL to match all hosts in the subnet 172.20.10.0/20 Wildcard mask for an ACL to match the host address 172.20.250.100/20 Wildcard mask for an ACL to match all hosts in the range...
On January 1, 2019, Chiz Company acquired equipment to be used in its manufacturing operations. The equipment has an estimated useful life of 10 years and an estimated residual value of P50,000. The...
What are the two primary purposes of internal controls?
What are the differences between judicial and nonjudicial arbitration?
The certified public accounting partnership of James, Guinn, and Head prepared a certified audit report of four corporations, known as the Paschal Enterprises, with knowledge that their report would...
Why is PEOPLE the most important in marketing of Financial Services? How does it impact the company and the clients? Explain Briefly
1. Write an application that prints the following two lines: 1 2 3 4 1 2 3 4 5 Marks The first line is created using four Sysout statements, and the second line is created using a single Sysout...
You work for a local fitness center called Super Fit. The owners of Super Fit would like to expand their business and add a running track and a large pool. They have drafted the following letter to...
Evaluate the following subject lines. Is one subject line in each group clearly best? Or does the best line depend on company culture, whether the message is a paper memo or an email message, or on...
Rewrite the following negative message so it follows the guidelines for negative messages: Dear Valued Employee: I'm afraid the company will not be able to grant you your requested vacation time at...
Three days ago, one of your subordinates forwarded to everyone in the office a bit of email humor hed received from a friend. Titled You know youre Southern when . . . , the message poked fun at...
Repeat problem 15 by assuming Data From Problem 15: The boundaryvalue problem for a cantilevered beam can be written as w(x)=c(x)=cx+2x+03x4 i=1
During the first year, the Martin and Steven partnership earned an income of $10,000. Assume the partners agreed to share income and losses in the ratio of the beginning balances of their capital...

A 7-year Treasury note with a coupon rate of 5.8 percent has a par value is $1000.

Question:

Expert Answer:

To find the current yield on the 7year Treasury note we need to ... View the full answer

Students also viewed these finance questions