Question
14) How many STRIP bonds can be created based on a 5-year Treasury-note with 5% coupon rate? A. 3 B. 4 C. 5 D. 6
14) How many STRIP bonds can be created based on a 5-year Treasury-note with 5% coupon rate?
| A. | 3 | |
| B. | 4 | |
| C. | 5 | |
| D. | 6 |
15) A 91-day Treasury bill is selling for $96.88 per $100 of its face value. What is the bond equivalent yield of this 91-day T-Bill?
| A. | 12.92% | |
| B. | 12.51% | |
| C. | 12.34% | |
| D. | 12.15% |
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
