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In November 2017, Treasury 3 5/8s of 2035 offered a semiannually compounded yield to maturity of 2.88%. Recognizing that coupons are paid semiannually , calculate
In November 2017, Treasury 3 5/8s of 2035 offered a semiannually compounded yield to maturity of 2.88%. Recognizing that coupons are paid semiannually, calculate the bond's price. Assume face value is $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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The Making Of Finance
Authors: Isabelle Chambost, Marc Lenglet, Yamina Tadjeddine
1st Edition
