A treasury bond with the longest maturity 30 years has an


A Treasury bond with the longest maturity (30 years) has an ask price quoted at 97:01. The coupon rate is 2.60 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A treasury bond with the longest maturity 30 years has an
Reference No:- TGS01414500

Expected delivery within 24 Hours