Question
What should be the price of a U.S. Treasury Bond that will mature in 25 years if its yield to maturity is 3.23%, its coupon
What should be the price of a U.S. Treasury Bond that will mature in 25 years if its yield to maturity is 3.23%, its coupon rate is 2.75%, and its face value is $100,000?
Price of the Bond ____________________________
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
