When each bonJudy Johnson is choosing between investing in two Treasury securities that mature in five years and have par values of $1,000. One is a Treasury note paying an annual coupon of 5.06 percent. The other is a TIPS which pays 3 percent interest annually. When a bond matures, what par value will Judy receive from the Treasury note? The TIPS?
Paper#8743 | Written in 18-Jul-2015Price : $25