A 20-year us treasury bond with a face value of 10000 pays


A 20-year U.S. Treasury bond with a face value of $10,000 pays a coupon of 5.50% (2.750% of face value every six months). The semiannually compounded interest rate is 5.2% (a six-month discount rate of 5.2/2 = 2.6%). What is the present value of the bond?

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Financial Management: A 20-year us treasury bond with a face value of 10000 pays
Reference No:- TGS01561939

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