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What is the price of the following US T-Bond? (Use any method you prefer, and enter your answer with two decimal places) Face value :
What is the price of the following US T-Bond? (Use any method you prefer, and enter your answer with two decimal places)
Face value : $100
Maturity: 6 years
Coupon rate 3% (paid annually)
Yield = 7.6%
Suppose you observe that the above bond is trading at $83.00. What is the yield? (Enter your answer as a percentage with the % sign, with two decimal places)
Calculate the price, duration, and modified duration of this bond when the yield is 9% (Enter all answers with two decimal places).
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