Question: Fan buys a 3-year Treasury note. The note has a $1,000 face value and makes a $60 coupon payment each year. Can you calculate the
Fan buys a 3-year Treasury note. The note has a $1,000 face value and makes a $60 coupon payment each year. Can you calculate the present value for this Treasury note if the interest rate is 6%? .
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To calculate the present value of a Treasury note we can use the formula for the present value of a ... View full answer
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