What is the current price of Treasury bond with 21 years of maturity and 4% coupon...

Question

Question

What is the current price of Treasury bond with 21 years of maturity and 4% coupon rate at 3% yield? Assume the par value is $100.

business finance

Answer 1

Answer #1

Treasury bond pays coupon semiannually. Face Value = 100 Coupon = 45% xioo = 2 yhm = 3% = 15 Time = 21x2= 42 periods Using fi

Answer 2

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