Question
Quote for Treasury bond (as of January 2023 Maturity: 1/15/2033 Coupon rate (%): 3.000 Bid price: 95.3000 Asked price: 95.5000 Asked yield (%): 3.538 Story
Quote for Treasury bond (as of January 2023
Maturity: 1/15/2033 Coupon rate (%): 3.000 Bid price: 95.3000 Asked price: 95.5000 Asked yield (%): 3.538 Story problem: Assume the Treasury quote above is for a bearer bond. Jennifer is an investor who buys $500,000 of par value from the dealer and holds the bond to maturity. Mat is an investor who sells $500,000 of par value to the dealer.
How many years will Jennifer own the bearer bond?
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Trading For Beginners 25 Secrets To Trade For A Living
Authors: Mark Bresett
1st Edition
1521327742, 978-1521327746
