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A $1,000 Treasury Note Has 4

Question 104

Multiple Choice

A $1,000 Treasury note has 4.5 years left to maturity,a yield to maturity of 4.25 percent,and a coupon rate of 4.50 percent.What is the price of the bond?


A) $1,007.83
B) $1,008.53
C) $1,009.56
D) $1,010.14
E) $1,011.96

Correct Answer:

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