A Treasury bond with 11 years to maturity is currently quoted at 113:11. The bond has a
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Question:
A Treasury bond with 11 years to maturity is currently quoted at 113:11. The bond has a coupon rate of 10.5 percent. What is the yield value of a 32nd for this bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
Expert Answer:
To calculate the yield value of a 32nd for the given Treasury bond we need to ... View the full answer
Related Book For 
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
Posted Date:
