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(1) What is the invoice price of the T-bond? answer : 100.015 (2) What is the yield on the T-bond? answer : 7.9164% i don't
(1) What is the invoice price of the T-bond? answer : 100.015
(2) What is the yield on the T-bond? answer : 7.9164%
i don't know how to solve
On November 18,2022 , a 787% T-bond maturing on May 15,2025 , was quoted at 993229 for settlement on November 20,2022 . The last coupon was paid on November 15,2022
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