Find the present value of a 2-year Treasury bond that pays a semi-annual coupon, has a coupon

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Find the present value of a 2-year Treasury bond that pays a semi-annual coupon, has a coupon rate of 6 percent, a yield to maturity of 6.75 percent, and a par value of $1,000.

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

Posted Date: Apr 23, 2024 04:09 AM

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Find the present value of a 2-year Treasury bond that pays a semi-annual coupon, has a coupon

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To find the present value of a 2year Treasury bond with semiannual coupon payments we need to calculate the present value of each coupon payment and t... View the full answer

Corporate Finance

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