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. Consider a Treasury security with the following characteristics: Coupon 3 3/4 Maturity 9/44 Price 97-8/17 yield (ask/bid )?/? If you purchase this Treasury security
. Consider a Treasury security with the following characteristics:
Coupon 3 3/4
Maturity 9/44
Price 97-8/17
yield (ask/bid )?/?
If you purchase this Treasury security on December 18, 2018, what are the clean price, accrued interest, and dirty price? What is your total cash flow received? What is your total return? (Hint: total cash flow received = future value of all cash flows; total return = (total cash flow - initial investment)/initial investment)
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