Question
Google just sold a $10 million face value of 3.75% US Treasury Notes that mature on May 15, 2030, and has a yield to maturity
Google just sold a $10 million face value of 3.75% US Treasury Notes that mature on May 15, 2030, and has a yield to maturity of 4.5%.
What is the flat price of the bond today (4/6/2020)?
What is the invoice price of the bond?
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
