Question
A 10-year Treasury bond (TBOND1) is sold on the market one day at $1000 with an annual coupon of $60. The following day good news
A 10-year Treasury bond (TBOND1) is sold on the market one day at $1000 with an annual coupon of $60. The following day good news hits the market and a new 10-year Treasury bond is sold on the market at an $50 annual coupon. What is the approximate new secondary market price of TBOND1
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Personal Finance For Teens And Young Adults A Practical Guide To Money Management For The Real World
Authors: Eric Mills
1st Edition
1960358154, 978-1960358158
