Question
A U.S. Treasury bond has a face value of $10,000, a coupon rate of 4 percent compounded semiannually, a yield to maturity of 4.15 percent,
A U.S. Treasury bond has a face value of $10,000, a coupon rate of 4 percent compounded semiannually, a yield to maturity of 4.15 percent, and 18 years until maturity. What is the clean price quote of this bond?
a. 100.0415
b. 98.0091
c. 97.6480
d. 98.1112
e. 99.9585
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Cases In Healthcare Finance
Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
