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A Treasury Bond Is Quoted at a Price of 104:18

Question 349

Multiple Choice

A Treasury bond is quoted at a price of 104:18 with a 4.75% coupon. The bond pays interest semiannually. What is the current yield on one of these bonds?


A) 4.49%
B) 4.54%
C) 4.61%
D) 4.64%
E) 4.72%

Correct Answer:

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