Assume that a 1000000 par value semiannual coupon us, Financial Management

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Assume that a 1000000 par value semiannual coupon us

Assume that a $1,000,000 par value. semiannual coupon U.S. Treasury note with two years to maturity (YTM) has a coupon rate of 3%. The yeild to maturity of the bond is 9.90%. Using this information and ignoring the other cosr involved, calculate the value of the Treasury note

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Financial Management: Assume that a 1000000 par value semiannual coupon us

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Financial Management: Assume that a 1000000 par value semiannual coupon us

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