Question
A 9-year Treasury note with a coupon rate of 4 percent has a yield to maturity of 5 percent. The par value is $1000.What is
A 9-year Treasury note with a coupon rate of 4 percent has a yield to maturity of 5 percent. The par value is $1000.What is the fair price of this bond?
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith
7th edition
1118983270, 978-1119175025, 111917502X, 978-1119175001, 978-1118983270
