Question
Treasury bonds with 13 years left til maturity is currently quoted as 90:2. If the bond has a YTM of 3.2% and makes semiannual payments
Treasury bonds with 13 years left til maturity is currently quoted as 90:2. If the bond has a YTM of 3.2% and makes semiannual payments with a face value of $1,000, what is the annual coupon rate?
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Fundamentals of Corporate Finance
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
12th edition
007353062X, 73530628, 1260153592, 1260153590, 978-1260153590
