Business, 26.06.2020 16:01, sierravick123owr441
A 10-year (zero-coupon) Treasury bill with face value of $100 per share is selling at $70.89 per share. There is a 10-year corporate bond with a 5% coupon rate and face value of $100 per share. The coupon payment is every 12 months. The price of the bond is $96.23 per share. The 10-year, zero coupon Treasury bills are selling at $70.89. What is the bond's yield to maturity?
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A 10-year (zero-coupon) Treasury bill with face value of $100 per share is selling at $70.89 per sha...
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