The closing price of a U.S. Treasury bond with a face value of $1200.Is quoted as 105.45

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The closing price of a U.S. Treasury bond with a face value of $1200.Is quoted as 105.45 points, for a current yield of 3.7%.

If you buy this bond, how much annual interest will you receive?

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Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Jun 20, 2023 01:40 AM

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The closing price of a U.S. Treasury bond with a face value of $1200.Is quoted as 105.45

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Fundamentals Of Corporate Finance

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