Assume that a 1000000 par value semi annual coupon us


Assume that a $1,000,000 par value, semi annual coupon U.S. Treasury note with five years to maturity (YTM) has a coupon rate of 5%. The yield to maturity of the bond is 7.70%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note.

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Financial Management: Assume that a 1000000 par value semi annual coupon us
Reference No:- TGS0974764

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