Treasury Bonds Consider the following Treasury bond on 11 May: 9.125 15 May 100:03 . . .

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Treasury Bonds Consider the following Treasury bond on 11 May: 9.125 15 May 100:03 .

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−2.15 Why would anyone buy this Treasury bond with a negative yield to maturity? How is this possible?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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