Question
A Treasury bond with the longest maturity (30 years) has an ask price quoted at 107.9375. The coupon rate is 2.90 percent, paid semiannually. What
A Treasury bond with the longest maturity (30 years) has an ask price quoted at 107.9375. The coupon rate is 2.90 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Yield to maturity
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
