Question
Assume that the six month treasury spot rate is 1.5% APR and the one year rate is 1.9% APR , both compounded semiannually. What is
Assume that the six month treasury spot rate is 1.5% APR and the one year rate is 1.9% APR , both compounded semiannually. What is the price of one year $1000 par treasury bond with 1.9% coupons
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
