The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004: Why would

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The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004:

Why would anyone buy this Treasury bond with a negative yield to maturity? How is this possible?

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Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Aug 28, 2014 10:20 AM

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The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004: Why would

Question:

9.125 May 09 100.09375 100.12500 -2.15

Step by Step Answer:

In general this is not likely to happen although it can and ...View the full answer

Corporate Finance

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