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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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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