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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 6-month maturity? (Enter your answer as a decimal rounded to 4 decimal places)
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