The following four question relate to these three bonds: US Issuer: Microsoft Merck Treasury Issuer Credit...

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The following four question relate to these three bonds: US Issuer: Microsoft Merck Treasury Issuer Credit AAA AAA A Rating Face $1,000 $1,000 $1,000 Amount Term 5 years 5 years 5 years Semi- Annual $45 $50 $50 Coupon Question 21 2 If an investor pays par for the US Treasury Note, what is the expected annual yield-to-maturity [Select] [Select] 7% Choose the closest answ 8% 9% 10% The following four question relate to these three bonds: US Issuer: Microsoft Merck Treasury Issuer Credit AAA AAA A Rating Face $1,000 $1,000 $1,000 Amount Term 5 years 5 years 5 years Semi- Annual $45 $50 $50 Coupon Question 21 2 If an investor pays par for the US Treasury Note, what is the expected annual yield-to-maturity [Select] [Select] 7% Choose the closest answ 8% 9% 10%