The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004: Why would
Question:
The following Treasury bond quote appeared in The Wall Street Journal on May 11, 2004:
Why would anyone buy this Treasury bond with a negative yield to maturity? How is this possible?
Transcribed Image Text:
9.125 May 09 100.09375 100.12500 -2.15
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In general this is not likely to happen although it can and ...View the full answer
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Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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