Question
On June 1, 2022, you obtained the following quotes for Treasury bonds: MATURITY COUPON RATE (%) ASKED PRICE 11/30/2022 0.125 99.08 5/31/2023 0.125 97.226 11/30/2023
On June 1, 2022, you obtained the following quotes for Treasury bonds:
| MATURITY | COUPON RATE (%) | ASKED PRICE |
| 11/30/2022 | 0.125 | 99.08 |
| 5/31/2023 | 0.125 | 97.226 |
| 11/30/2023 | 0.5 | 96.2 |
Use the bootstrapping method to obtain yields to maturity on 6-month, 12-month and 18-month zero coupon bonds (the three term structure rates). In annualized terms, these rates are equal to:
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
