Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a treasury bond with 8 years to maturity is curren

A Treasury bond with 8 years to maturity is currently quoted at 110:12. The bond has...

90.2K

Verified Solution

Question

Finance

A Treasury bond with 8 years to maturity is currently quoted at110:12. The bond has a coupon rate of 8.3 percent. What is theyield value of a 32nd for this bond?

Answer & Explanation Solved by verified expert
4.0 Ratings (827 Votes)
Yield value of a 32nd 132Dollar value of01it shows the how much Yield to maturity YTM    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

A Treasury bond with 8 years to maturity is currently quoted at110:12. The bond has a coupon rate of 8.3 percent. What is theyield value of a 32nd for this bond?

Other questions asked by students

Q

During cocoa pulp fermentation, how does the cross-feeding dynamic between lactic acid bacteria, yeast, and acetic...

Biology
Q

minimum 1 reference please define Vasectomy and Tubal Ligation and explain the pro's and con's for...

Medical Sciences
Q

Thick bacterial cell wall that has primarily peptidoglycan with small amounts of teichoic acid and...

Biology
Q

The initial phase angle for current 10 sin wt 8 co wt is tan tan...

Physics
Q

36 Two pulses travel in mutually opposite directions in a string with a speed of...

Physics
Q

2 DETAILS Convert the equation to polar form Use variables r and 6 as needed...

Basic Math
Q

Lanaer company nas an opportunity to pursue estimated the following costs and revenues for the...

Accounting
Q

Briefly discuss the Audit Procedures for Testing Database Access Controls.

Accounting
Q

assume you were in favor of increasing the RevPAR target next year by 8 percent....

Accounting
Q

Seved Required information The following information applies to the questions displayed below) Exact Photo Service...

Accounting
Q

minimum variance portfolio higher than global variance portfoliois the minimum porfolio efficient?

Finance
Q

Liang Company began operations on January 1, 2016. During its first two years, the company...

Accounting