Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you just purchased a treasury bond with a face val

You just purchased a treasury bond with a face value of $100,000, which matures in...

50.1K

Verified Solution

Question

Finance

You just purchased a treasury bond with a face value of $100,000, which matures in 20 years, and has a yield to maturity of 4.0%. If the coupon rate is 5.25%, the price of the bond today will be ___________

Answer & Explanation Solved by verified expert
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

Other questions asked by students

Q

Walmart, America’s largest retailer had the market’s second largest debt issuance in the U.S. in 2019,...

Finance
Q

A medical researcher wants to compare the pulse rates of smokers and non-smokers. He believes that...

Basic Math
Q

List the most important factors that affect drying shrinkage and creep, and discuss when the effects are...

Civil Engineering
Q

1. Why should engineers be aware of the depreciation of tangible assets? 2. Does the US have...

Civil Engineering
Q

A thin wire represented by the smooth curve C with a density p units of...

Calculus
Q

7 The graph shown here is the graph of which of the following equations 3...

Calculus
Q

Assume Down, Inc., was organized on May 1 to compete with Despair, Inc.a...

Accounting
Q

The term "inventory" includes a. merchandise held for sale in the normal course...

Accounting
Q

Required...

Accounting
Q

Consider the following transactions of Green Software: Mar. 31 Recorded cash sales of $170,000,...

Accounting
Q

Two independent companies, Nance Co. and Oslo Co., are in the home building business. Each...

Accounting
Q

On January 1, $909,000, five-year, 10% bonds, were issued for $881,730. Interest is paid semiannually...

Accounting