Question: The yield to maturity on a 1 0 - year Treasury note ( with face value = $ 1 0 0 and annual coupon rate
The yield to maturity on a year Treasury note with face value $ and annual coupon rate is If the price of this Treasury note goes up its:
I. coupon rate drops below
II coupon rate rises above
III. yield to maturity drops below
IV yield to maturity rises above
A III.
B IV
C I and III.
D II and IV
E I.
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