Question
A 8-year Treasury bond with $1,000 face value, 6.50% coupon rate, and quarterly coupon payments, is currently trading at a price of $911.994. Which of
A 8-year Treasury bond with $1,000 face value, 6.50% coupon rate, and quarterly coupon payments, is currently trading at a price of $911.994. Which of the options below corresponds to this bonds yield to maturity (in APR)?
Group of answer choices
YTM = 4.00% APR
YTM = 8.00% APR
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Investment Science
Authors: David G. Luenberger
2nd Edition
0199740089, 978-0199740086
