A 3.5 percent treasury bond with semi-annual repayments (with par value of $100) with 16.5 years left

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A 3.5 percent treasury bond with semi-annual repayments (with par value of $100) with 16.5 years left to maturity is currently offered for sale at $102.3. What is the semi-annually compounded yield to maturity of the bond?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Posted Date: Dec 27, 2022 12:01 AM

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A 3.5 percent treasury bond with semi-annual repayments (with par value of $100) with 16.5 years left

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Finance Applications and Theory

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