Question: You have purchased a 10-year U.S. Treasury Note (T-Note). The T-Note purchased has a 4% coupon rate (compounded semi-annually) and the current market Yield to
You have purchased a 10-year U.S. Treasury Note (T-Note). The T-Note purchased has a 4% coupon rate (compounded semi-annually) and the current market Yield to Maturity (YTM) is also 4%. What is the market price of this 10-year T-note?
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