Question
1)What price would you pay for a 90 day bank bill with $1m face value trading at a yield of 0.76%? 2)What price would you
1)What price would you pay for a 90 day bank bill with $1m face value trading at a yield of 0.76%?
2)What price would you pay for a $2.25m face value bank bill which has 47 days to maturity that is trading at a yield of 1.10%?
3)What price would you pay for a $25m face value bond on 13 February 2020 which matures on 22 June 2022 that has a coupon of 2.75% and is trading at a yield to maturity of 0.92%?
4)What price would you pay for a 21 May 2021 bond on 17 April 2020 when the bond has a face value of $12.5m, a coupon of 2.25% and is trading at a yield to maturity of 0.87%?
5)What price would you pay for a $778,000 face value bond on 29 March 2020 that matures on 21 September 2028, has a coupon of 2.75% and is trading at 1.03%?
6)What price would you pay for a $127,000 face value bond on 31 July 2020 that matures on 21 February 2026, has a coupon of 2.50% and is trading at 1.07%?
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