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A Treasury bond has a coupon rate of 10%, a face value of USD 1,000, matures 5 years from today and the yield to maturity
- A Treasury bond has a coupon rate of 10%, a face value of USD 1,000, matures 5 years from today and the yield to maturity is equivalent to 8%. What would be the value of this treasury bond?. Remember: coupons are paid semiannually (twice a year) as well as YTM is calculated divided by the periods (on this case by 2).
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
