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A Treasury Note Has 3

Question 77

Multiple Choice

A Treasury note has 3.5 years left to maturity,a yield to maturity of 4.25 percent,and a coupon rate of 4.40 percent.What is the price of the bond?


A) $1,004.83
B) $1,005.53
C) $1,006.56
D) $1,007.58
E) $1,008.96

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