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In November 2020, Treasury 4 5/8s of 2042 offered a yield to maturity of 2.74%. Recognizing that coupons are paid semiannually, calculate the bond's price.
In November 2020, Treasury 4 5/8s of 2042 offered a yield to maturity of 2.74%. Recognizing that coupons are paid semiannually, calculate the bond's price. Assume the face value is $1,000. Note: Do not round intermediate calculations. Round your answer to 2 decimal places
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
