A sovereign bond that matures on 1 January 2030 pays an annual coupon of 1.2% and has
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A sovereign bond that matures on 1 January 2030 pays an annual coupon of 1.2% and has a face value of 100. For a trade settlement date of 1 January 2020, the bonds are priced at 128. Assume an actual/actual day count. What is the yield-to-maturity as of the settlement date?
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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