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A USTreasury Bond Has a Face Value of $5,000,a Coupon Rate

Question 40

Multiple Choice

A U.S.Treasury bond has a face value of $5,000,a coupon rate of 3 percent compounded semiannually,a yield to maturity of 2.97 percent,and 7 years until maturity.What is the clean price quote of this bond?


A) $5,001.46
B) $5,013.33
C) $4,991.08
D) $4,996.72
E) $5,009.42

Correct Answer:

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