Question:A 10-year, $1,000 par T-note with a coupon rate of 2.6%
(semi-annual payments) has 8 years...
Question
A 10-year, $1,000 par T-note with a coupon rate of 2.6%
(semi-annual payments) has 8 years...
A 10-year, $1,000 par T-note with a coupon rate of 2.6%
(semi-annual payments) has 8 years left to maturity and a current
yield of 1.92%. What is the T-note's value?