Question: A $10,000 US Treasury bond has a 10 year maturity rate and a coupon rate of 4%. The bond pays interest semi-annually. The current market
A $10,000 US Treasury bond has a 10 year maturity rate and a coupon rate of 4%. The bond pays interest semi-annually. The current market US Treasury interest rate for a 2 year bond is 1%. what is the current value of the bond?
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