You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
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You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 6.002 6.138 Maturity Month/Year May 32 May 35 May 41 Asked Bid 103.4547 103.5275 104.4887 104.6344 22 27 Change Ask Yield +.3235 +4233 +.5340 5.899 ?? 3.931 In the above table, find the Treasury bond that matures In May 2035. What is your yield to maturity if you buy this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 6.002 6.138 Maturity Month/Year May 32 May 35 May 41 Asked Bid 103.4547 103.5275 104.4887 104.6344 22 27 Change Ask Yield +.3235 +4233 +.5340 5.899 ?? 3.931 In the above table, find the Treasury bond that matures In May 2035. What is your yield to maturity if you buy this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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Related Book For
Essentials Of Corporate Finance
ISBN: 9781265414962
11th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date:
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