Question
A U.S. Treasury bond has a face value of $5,000, a coupon rate of 3 percent compounded semiannually, a yield to maturity of 2.97 percent,
A U.S. Treasury bond has a face value of $5,000, a coupon rate of 3 percent compounded semiannually, a yield to maturity of 2.97 percent, and seven years until maturity. What is the clean price quote of this bond?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
