Ytm on the treasury note
Problem:
A 5% Treasury note matures in 12 months and has $10,000 face value. If the 6-months and 12-months zero-coupon rates are 3% and 4% respectively,
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Question: What is the YTM on the Treasury note?
Note: Please show basic calculation
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Question: What is the YTM on the Treasury note? Note: Please show basic calculation
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