Twelve months ago you purchased 10-year treasury notes with


Question

Twelve months ago, you purchased 10-year Treasury notes with a face value of $1,000 The interest rate is 4.12 percent. What is the annual dollar amount of interest you will receive each year? (Round your answer to 2 decimal places.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Twelve months ago you purchased 10-year treasury notes with
Reference No:- TGS02827269

Expected delivery within 24 Hours