Looking at The Wall Street Journal you observe that the settlement price on a hypothetical 7-year,semiannual payment,6% coupon Treasury note is 105-210.If the note has a $1,000 par value,what is the implied Treasury note rate? Do not round your intermediate calculations.
A) 5.04%
B) 4.33%
C) 5.34%
D) 3.83%
E) 4.28%

Question

Quizplus · Accepted Answer

11ea856c_8b2a_edb6_9aec_a360d41b0bc8_TB1222_00 Annual rate: I/YR = 5.04%

Looking at the Wall Street Journal You Observe That the Settlement