A Treasury bond that settles on August 10, 2019, matures on July 19, 2026. The coupon rate is 6.6 percent and the quoted price is 115 7/32. What is the bond's yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity %
A Treasury bond that settles on August 10, 2019, matures on July 19, 2026. The coupon rate is 6.6 percent and the quoted price is 115 7/32. What is the bond's yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity %
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 6P
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