What is the price of a t-bond with exactly 245 years to
What is the price of a T-Bond with exactly 24.5 years to maturity and coupons with rate 5.875% paid semi-annually? Its yield is 6.5% BEY (Bond Equivalent Yield is semi-annually compounded).
Please explain the answer in detail.
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what is the price of a t-bond with exactly 245 years to maturity and coupons with rate 5875 paid semi-annually its
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