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You own 3 0 - year Treasury Bonds that you bought exactly 6 years ago. At the time ( you bought the T - Bonds
You own year Treasury Bonds that you bought exactly years ago. At the time you bought the TBonds when they were issued the year TBond yield was APR compounded semiannually That yield was also the coupon rate used to compute the semiannual coupon payments the TBonds were issued exactly at par The TBonds have a total face value of $
You just received an interest payment, and the bonds will mature in exactly years. Todays yield for such a longmaturity TBond is APR compounded semiannually
a What is the current market value of your TBonds?
b By what percentage has the value of your TBonds increased or decreased since you bought them?
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