The asked quote for a Treasury Bond given in the WSJ is 120.16. This means...
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The asked quote for a Treasury Bond given in the WSJ is 120.16. This means that the ____ price for a 1,000 par bond is ___.
- A. Clean/ $1,205.00
- B. Clean/ $1,202.50
- C. Full/ $1,205.00
- D. Full/ $1,202.50
- E. Clean/ $120.16
A Treasury bond is currently trading at par, which means that the current clean price is 1,000. As we approach the next coupon date, its clean price will ____ and its full price will ____. Assume the yield stays constant during the period up to the next coupon date.
- A. Increase/ increase
- B. Stay the same/ stay the same
- C. Stay the same/ increase
- D. Stay the same/ decrease
- E. Increase/ stay the same
What is the YTM for a zero coupon bond ($1,000 par) maturing 18 months and 15 days from now selling for $900 today. Use semiannual rate approach.
- A. 7.81%
- B. 6.94%
- C. 7.19%
- D. 8.41%
- E. 6.53%
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