Market price of this bond the face value
Problem:
A Treasury bond is quoted at a price of 105:10.
Required:
Question: What is the market price of this bond if the face value is $5,000?
Note: Provide support for your rationale.
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A Treasury bond is quoted at a price of 105:10. Question: What is the market price of this bond if the face value is $5,000?
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If you want to have this debt paid in full within ten years, how much must you pay each month?
Question: What is your total dollar return on this investment? Note: Be sure to show how you arrived at your answer.
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