See quoted data on Treasury Note and Bond Rates below: Current date: May 23, 2016 Maturity: March 31, 2019 Coupon: 1.500 Bid: 101.3281 Asked: 101.3438
See quoted data on Treasury Note and Bond Rates below:
Current date: May 23, 2016
Maturity: March 31, 2019
Coupon: 1.500
Bid: 101.3281
Asked: 101.3438
Chg: -0.0156
Asked Yield: 1.021
Calculate the ask price of the T-note maturing on March 31, 2019 as of May 23, 2016: $Answer 1
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Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
