Question
Assume that an investor has a treasury bond with a par value of $1000. The coupon rate of the bond is 0.07 and the current
Assume that an investor has a treasury bond with a par value of $1000. The coupon rate of the bond is 0.07 and the current yield of the bond is 6.7633 percent. The bond pays annual coupons. The yield to maturity of this bond is 6.65 percent. Compute the maturity of this bond in years.
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Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
