A 15-year Treasury bond with 6.7% coupon is currently selling at yield to maturity of 13%. If interest rates remain constant, the price of the bond one year from now will be ___
A 15-year Treasury bond with 6.7% coupon is currently selling at yield to maturity of 13%. If interest rates remain constant, the price of the bond one year from now will be ___
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 8P
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A 15-year Treasury bond with 6.7% coupon is currently selling at yield to maturity of 13%. If interest rates remain constant, the price of the bond one year from now will be ___
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