The cash price of a 1.5-year Treasury bill is 102.9 at present. The bond pays an...
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The cash price of a 1.5-year Treasury bill is 102.9 at present. The bond pays an annual coupon of 5 which is paid on a semi- annual basis. The 5 year and 1 year zero rates have already been calculated as 0.012606 and 0.014361. Calculate the one-and-a-half-year zero rate (Hint: The bonds' face values would be 100.) Report your answer in decimal format rounded to four decimal places. (It is suggested that you carry six decimal places in your calculations, but round your final answer to four decimal places.) Answer: Check The cash price of a 2-year Treasury bill is 104 at present. The bond pays an annual coupon of 4 which is paid on a semi- annual basis. The 5 year, 1 year, and 1.5 year zero rates have already been calculated as 0.012253, 0.014738, and 0.01681. Calculate the two-year zero rate (Hint: The bonds' face values would be 100.) Report your answer in decimal format rounded to four decimal places. (It is suggested that you carry six decimal places in your calculations, but round your final answer to four decimal places.) Answer: Check The cash price of a 1.5-year Treasury bill is 102.9 at present. The bond pays an annual coupon of 5 which is paid on a semi- annual basis. The 5 year and 1 year zero rates have already been calculated as 0.012606 and 0.014361. Calculate the one-and-a-half-year zero rate (Hint: The bonds' face values would be 100.) Report your answer in decimal format rounded to four decimal places. (It is suggested that you carry six decimal places in your calculations, but round your final answer to four decimal places.) Answer: Check The cash price of a 2-year Treasury bill is 104 at present. The bond pays an annual coupon of 4 which is paid on a semi- annual basis. The 5 year, 1 year, and 1.5 year zero rates have already been calculated as 0.012253, 0.014738, and 0.01681. Calculate the two-year zero rate (Hint: The bonds' face values would be 100.) Report your answer in decimal format rounded to four decimal places. (It is suggested that you carry six decimal places in your calculations, but round your final answer to four decimal places.) Answer: Check
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For the 15year Treasury bill Using the formula for calculating the price of a bond with semiannual ... View the full answer
Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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