Question
A noncallable Treasury bond has a quoted yield of 4.63 percent. It has a 5.6 percent coupon and 10 years to maturity. a. What is
A noncallable Treasury bond has a quoted yield of 4.63 percent. It has a 5.6 percent coupon and 10 years to maturity.
a. What is its dollar price assuming a $1,000 par value? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Dollar price $
b. What is its quoted price?
Quoted price :
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
