A Treasury auction is held for $100MM Face-Value of 7-year, zero coupon bonds. If auction-investors pay $66MM for the bo
Posted: Wed Mar 16, 2022 9:13 am
A Treasury auction is held for $100MM Face-Value of 7-year, zero
coupon bonds.
If auction-investors pay $66MM for the bonds, what is
rrf? Do not round intermediate calculations.
Round your answer to 4 decimal places and do not represent your
answer as a percent. IE: write 0.2672 not 26.72%.
coupon bonds.
If auction-investors pay $66MM for the bonds, what is
rrf? Do not round intermediate calculations.
Round your answer to 4 decimal places and do not represent your
answer as a percent. IE: write 0.2672 not 26.72%.