Question: Question 7. Fan buys a 3-year Treasury note. The note has a $1,0(0 face value and makes a $60 coupon payment each year. Can you

 Question 7. Fan buys a 3-year Treasury note. The note has

Question 7. Fan buys a 3-year Treasury note. The note has a $1,0(0 face value and makes a $60 coupon payment each year. Can you calculate the present value for this Treasury note if the interest rule is 6%%? Fan buys a 3-year Treasury note. The note has a $1,000 face value and 6% coupon rate each year. Can you calculate the present value for this Treasury note if the interest rate is 4%%? Why do the present values you calculated in Question 7 different from each other

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