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A Treasury bond with 10 years to maturity is currently quoted at 118:7. The bond has a coupon rate of 10.3 percent. What is the
| A Treasury bond with 10 years to maturity is currently quoted at 118:7. The bond has a coupon rate of 10.3 percent. What is the yield value of a 32nd for this bond? (Round your answer to 3 decimal places.) |
| Yield value (in basis point) |
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How Finance Works
Authors: Mihir Desai
1st Edition
1633696707, 978-1633696709
