Question
The following is a T-bond quote (par value $1,000) from the WSJ (8/31/2018). Use the information in the quote to answer the question. Maturity Coupon
The following is a T-bond quote (par value $1,000) from the WSJ (8/31/2018). Use the information in the quote to answer the question.
| Maturity | Coupon | Bid | Asked | Chg | Asked Yield |
| 8/31/2,027 | 4.24 | 101:15 | 101:20 | -14 | ??? |
What is the current yield on this bond?
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Advanced Bond Portfolio Management
Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet
1st Edition
0471678902, 9780471678908
