Assume that the six-month Treasury spot rate is 1.6% APR, and the one-year rate is 1.9% APR, both compounded semiannuall
Posted: Fri Mar 04, 2022 9:44 am
Assume that the six-month Treasury spot rate is 1.6% APR, and the one-year rate is 1.9% APR, both compounded semiannually. What is the price of a one-year $1,000 par Treasury bond with 1.9% coupons? The price of the Treasury bond is $ (Round to the nearest cent.)