Incorrect Question 11 0/7 pts A Treasury bond maturing on December 15, 2020 is yielding...

80.2K

Verified Solution

Question

Finance

image
Incorrect Question 11 0/7 pts A Treasury bond maturing on December 15, 2020 is yielding 3.45% and is priced at $1.124.36. What is this bond's annual coupon rate as of October 31, 2016? Round to 3 decimal places. 0.062

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