The YTM on a six-month Treasury STRIP is 5.9%, and the YTM on a one-year Treasury...
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The YTM on a six-month Treasury STRIP is 5.9%, and the YTM on a one-year Treasury STRIP is 12.7%. All YTMs are quoted as APRS with semiannual compounding. Given this information, what would be the price of a one-year coupon bond with a coupon rate of 6.6%, semiannual payments and a face value of $10,000 (rounded to the nearest dollar)? The price is closest to: The YTM on a six-month Treasury STRIP is 5.9%, and the YTM on a one-year Treasury STRIP is 12.7%. All YTMs are quoted as APRS with semiannual compounding. Given this information, what would be the price of a one-year coupon bond with a coupon rate of 6.6%, semiannual payments and a face value of $10,000 (rounded to the nearest dollar)? The price is closest to:
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