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Given Treasury spot rates as following: Maturity Spot Rates 0.5 5.54% 1 5.45% 1.5 5.47% what is the price of a semi-annually compounded Treasury STRIPS
Given Treasury spot rates as following:
| Maturity | Spot Rates |
| 0.5 | 5.54% |
| 1 | 5.45% |
| 1.5 | 5.47% |
what is the price of a semi-annually compounded Treasury STRIPS with 1.5-year maturity?
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
