Business, 22.10.2020 19:01 AliMe52

Assume that a $1,000,000 par value, semiannual coupon US Treasury note with three years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 9.90%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note:

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Assume that a $1,000,000 par value, semiannual coupon US Treasury note with three years to maturity...