A treasury bond with a 200,000 principal valur has a 4% coupon and 100-day maturity period. Compute for the bond discount.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 17PROB
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A treasury bond with a 200,000 principal valur has a 4% coupon and 100-day maturity period. Compute for the bond discount.
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