Question
Assume that a 1,000,000 par value, semiannual coupon US treasury note with 3 years to maturity has a coupon rate of 3%. The YTM of
Assume that a 1,000,000 par value, semiannual coupon US treasury note with 3 years to maturity has a coupon rate of 3%. The YTM of the bond is 11%. What is the value of the treasury note?
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
