What is the price in dollars of the February 2000 Treasury note if its par value is
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What is the price in dollars of the February 2000 Treasury note if its par value is $100,000? Verify the current yield of thisnote.
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Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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