30-ye Treasury of $1,000 face value that pays 5.5% coupons yearly and has 7.5 years left...
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30-ye Treasury of $1,000 face value that pays 5.5% coupons yearly and has 7.5 years left to maturity. The Yield to Maturity (YTM) of this bond is 5.2% per annum. What is its price? Remember, by convention coupons are assumed to be paid twice a year unless otherwise specified. 30-ye Treasury of $1,000 face value that pays 5.5% coupons yearly and has 7.5 years left to maturity. The Yield to Maturity (YTM) of this bond is 5.2% per annum. What is its price? Remember, by convention coupons are assumed to be paid twice a year unless otherwise specified.
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