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A $ 1 , 0 0 0 Face Value Treasury bond with 1 8 months left to maturity has annual coupons of $ 3 2
A $ Face Value Treasury bond with months left to maturity has annual coupons of $ paid semiannually. The Term Structure of Interest shows that the month YTM is the month YTM is and the month YTM is
What is the price of the bond? Hint: The price of the bond should be the same as the total price of the STRIPS that can be created from it
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