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Turn back to Figure 2.3 and look at the Treasury bond maturing in May 2030 (you can get this information from yahoo finance or Morningstar
Turn back to Figure 2.3 and look at the Treasury bond maturing in May 2030 (you can get this information from yahoo finance or Morningstar or Bloomberg)
Figure 2.3 INFO
Coupon:6.250 Bid: 161.1094 Asked: 161.1875 Chg: -0.8906 Ask Yld:2.113
How much would you have to pay to purchase one of these bonds?
What is its coupon rate?
What is the yield to maturity of the bond?
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