The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004: Why would
Question:
The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004:
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Why would anyone buy this Treasury bond with a negative yield to maturity? How is this possible?
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In general this is not likely to happen although it can and ...View the full answer
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Related Book For 
Corporate Finance
ISBN: 978-0077861759
11th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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