Question
Consider a T-bond with 23 years to maturity, 5% coupon, and $100M par value. What is the par value of a coupon STRIP in $
Consider a T-bond with 23 years to maturity, 5% coupon, and $100M par value. What is the par value of a coupon STRIP in $ million?
Round your answer to 1 decimal place. For example, if your answer is 5.56, please write down 5.6.
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
