Suppose that a us treasury note maturing june 15 1995 is


Suppose that a U.S. Treasury note maturing June 15, 1995 is purchased with a settlement date of February 17, 1994. The coupon rate is 4.125% and the par value is $100,000. The next coupon date is June 15, 1994. What is the full (dirty) price of this bond given the required yield is 4.1%? (Note there are 182 days in the coupon period and there are 118 days between the settlement date and the next coupon date.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Suppose that a us treasury note maturing june 15 1995 is
Reference No:- TGS01357346

Expected delivery within 24 Hours