Question
So I have a treasury note I purchased. Below ate the numbers. Par (face) value = $1,000 Maturity = five years from today Coupon interest
So I have a treasury note I purchased. Below ate the numbers.
- Par (face) value = $1,000
- Maturity = five years from today
- Coupon interest rate =5%
With all other things being equal: If the prevailing interest rates forinstruments of similar risk and maturity were to increase from 5% to 10% next week, what would happen to the value of your bond in the secondary market?
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
