Question
Determine the market value of a $50 million par, US dollar-denominated ten-year US Treasury note with a 3.125% coupon priced at 2%. The coupon is
Determine the market value of a $50 million par, US dollar-denominated ten-year US Treasury note with a 3.125% coupon priced at 2%. The coupon is paid on a semi-annual basis.
What can we tell the manager with pv and fv?And about interest rates going up and down
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
12th Global Edition
1292268859, 978-1292268859
