Question
Assume that you would like to price a Treasury note with a par value of $1000. The coupon rate of the bond is 0.054 and
Assume that you would like to price a Treasury note with a par value of $1000. The coupon rate of the bond is 0.054 and the yield is 0.062. The 8-year bond pays semiannual coupons. Compute the price of this bond.
| A. $950.71 | ||
| B. $1051.42 | ||
| C. $950.14 | ||
| D. $1050.88 |
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
