A 5.70% coupon Treasury bond is currently priced at $919 and matures in 25 years....

60.1K

Verified Solution

Question

Finance

A 5.70% coupon Treasury bond is currently priced at $919 and matures in 25 years. What is this bond's total dollar return if purchased today, held to maturity and all coupons are reinvested at the yield to maturity.

Round to the nearest whole dollar.

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