Question
A 30-year Treasury bond is issued with face value of $1,000, paying interest of $42 per year. If market yields increase shortly after the T-bond
A 30-year Treasury bond is issued with face value of $1,000, paying interest of $42 per year. If market yields increase shortly after the T-bond is issued, what is the bonds coupon rate? (Enter your answer as a percent rounded to 1 decimal place.)
| Coupon rate | % | |
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
