Question
Consider a T-bond with 28 years to maturity, 4% coupon, and $100M par value. What is the par value of a coupon STRIP in $
Consider a T-bond with 28 years to maturity, 4% 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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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
