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A Treasury bond with maturity exactly 18 years and 5 months and coupon 5.0 percent trades at an yield to maturity (YTM) of 3.3 percent
A Treasury bond with maturity exactly 18 years and 5 months and coupon 5.0 percent trades at an yield to maturity (YTM) of 3.3 percent (BEY). What is the value of the bond (and, therefore, its dirty price) per 100 of face value?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
