atgpt........ Jay purchased a Treasury bond with a coupon rate of 2.08% and face value of $100. The maturity date of the bond is 15 March 2029. (a) Yuri plans to purchase Jay's Treasury bond on 10 September 2021. What price will Yuri pay (round to four decimal places)? Assume a yield of 3.07% p.a. compounded half-yearly. Round your answer to four decimal places. Question 5 Answer a. 94.4136 b. 92.9842 c. 93.374
atgpt........ Jay purchased a Treasury bond with a coupon rate of 2.08% and face value of $100. The maturity date of the bond is 15 March 2029. (a) Yuri plans to purchase Jay's Treasury bond on 10 September 2021. What price will Yuri pay (round to four decimal places)? Assume a yield of 3.07% p.a. compounded half-yearly. Round your answer to four decimal places. Question 5 Answer a. 94.4136 b. 92.9842 c. 93.374
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Jay purchased a Treasury bond with a coupon rate of 2.08% and face value of $100. The maturity date of the bond is 15 March 2029. (a) Yuri plans to purchase Jay's Treasury bond on 10 September 2021. What price will Yuri pay (round to four decimal places)? Assume a yield of 3.07% p.a. compounded half-yearly. Round your answer to four decimal places. Question 5 Answer a. 94.4136 b. 92.9842 c. 93.3740 d. 93.3720
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