Question: Treasury notes and bonds. Use the information in the following table: LOADING... . Assume a $100,000 par value. What is the yield to maturity LOADING...
Treasury notes and bonds. Use the information in the following table:
LOADING...
. Assume a
$100,000
par value. What is the yield to maturity
LOADING...
of the August
2002
Treasury bond
LOADING...
with
semiannual
payment? Compare the yield to maturity and the current yield
LOADING...
. How do you explain this relationship?What is the yield to maturity of the August
2002
Treasury bond?
10.0810.08%
(Round to three decimal places.)
Enter your answer in the answer box and then click Check Answer.
| Today is February 15, 2008 | |||||||
| Type | Issue Date | Price (per $100 par value) | Coupon Rate | Maturity Date | YTM | Current Yield | Rating |
| Bond | Aug 2002 | 85.25 | 5.00% | 8-15-2012 | 5.865% | AAA | |
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