Question: undefined Consider the following US treasury rate table expressed in percentage. Maturity Yield Yesterday Last Week Last Month t R(0,t) 2.65 2.75 3.00 2.35 2.70
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Consider the following US treasury rate table expressed in percentage. Maturity Yield Yesterday Last Week Last Month t R(0,t) 2.65 2.75 3.00 2.35 2.70 6 Month 1 Year 2 Year 3 Year 5 Year 10 Year 30 Year 1.85 2.20 2.40 4.15 2.90 4.75 4.80 5.00 5.50 4.65 4.70 4.90 5.30 1.55 1.90 2.10 3.85 3.90 4.10 4.50 2.20 4.40 4.80 What was last month yield to maturity of a 3 year 5% coupon bond with annual payments? (Hint: Use the General Formula to find the price first, then compute the yield to maturity)
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