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Problem:

A 5% Treasury note matures in 12 months and has $10,000 face value. If the 6-months and 12-months zero-coupon rates are 3% and 4% respectively,

Required:

Question: What is the YTM on the Treasury note?

Note: Please show basic calculation

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  • Category:- Basic Finance
  • Reference No.:- M91163277

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