Question
2.The current rate of a 30-year treasury bond is 4.85%. It pays a 4% coupon on a $100 face value, at the end of every
2.The current rate of a 30-year treasury bond is 4.85%. It pays a 4% coupon on a $100 face value, at the end of every six months. What is the price of this bond if it is issued today?
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Answer The current treasury rate 485 isnt directly needed to find the price of this specific ...
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
