A Treasury bond with the longest maturity (30 years) has an ask price quoted at 100.9375. The coupon rate is 4.30 percen

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A Treasury bond with the longest maturity (30 years) has an ask price quoted at 100.9375. The coupon rate is 4.30 percen

Post by answerhappygod »

A Treasury bond with the longest maturity (30 years) has an askprice quoted at 100.9375. The coupon rate is 4.30 percent, paidsemiannually. What is the yield to maturity of thisbond? (Do not round intermediate calculations. Enteryour answer as a percent rounded to 2 decimal places.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply