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TREASURY SECURITY YEARS TO MATURITY PRICE COUPON RATE COUPON FREQUENCY FACE VALUE A 1 $926.00 NONE NONE $1,000 B 2 $845.00 NONE NONE $1,000 C
TREASURY SECURITY | YEARS TO MATURITY | PRICE | COUPON RATE | COUPON FREQUENCY | FACE VALUE |
A | 1 | $926.00 | NONE | NONE | $1,000 |
B | 2 | $845.00 | NONE | NONE | $1,000 |
C | 3 | 7% | ANNUAL | $1,000 |
Consider the following information about Treasury bills/bonds:
a. What is the (no arbitrage) price, , of Treasury bond C?
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