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Please show formulas and do not use excel. Thanks! A. Bloomberg reports the price of a 30-year Treasury bond as 100-17, with a coupon rate
Please show formulas and do not use excel. Thanks!
A. Bloomberg reports the price of a 30-year Treasury bond as 100-17, with a coupon rate of 3.00% and a yield-to-maturity of 2.97%. What is the price of this bond? a. $98.54 b. $99.03 c. $100.17 d. $100.53 e. $101.98 B. One year ago, the price of 30 year Treasury bonds was 97-19. What has happened to the yield-to- maturity on 30-year Treasuries over the last year? a. Yields have increased b. Yields have decreased c. Yields have stayed the same d. Not enough information to answer thisStep by Step Solution
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