Question: please explain Treasury notes and bonds. Use the information in the following table. Today is February 15, 2008 Price (per $100 par value) Coupon Maturity

please explain Treasury notes and bonds. Use the information in the followingplease explain

Treasury notes and bonds. Use the information in the following table. Today is February 15, 2008 Price (per $100 par value) Coupon Maturity Current Issue YTM Rating Date Rate Date Yield Bond Aug 2002 94,59 4.50% 8-15-2012 4.757% AAA Assume a $100,000 par value. What is the yield to maturity of the August 2002 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 2002 Treasury bond? % (Round to three decimal places.)

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