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A Treasury bond with 7 years to maturity is currently quoted at 117:7. The bond has...

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Finance

A Treasury bond with 7 years to maturity is currently quoted at117:7. The bond has a coupon rate of 9.7 percent. What is the yieldvalue of a 32nd for this bond? (Do not round intermediatecalculations. Round your answer to 3 decimal places.)

Value of a 32nd? _______________

Answer & Explanation Solved by verified expert
3.9 Ratings (511 Votes)
Yield value of a 32nd 132dollar value of an01This measure shows how much yield rate change    See Answer
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A Treasury bond with 7 years to maturity is currently quoted at117:7. The bond has a coupon rate of 9.7 percent. What is the yieldvalue of a 32nd for this bond? (Do not round intermediatecalculations. Round your answer to 3 decimal places.)Value of a 32nd? _______________

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