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QUESTION
A Treasury Bond pays half-yearly interest at the rate of 11.5% pa, and has 6 years to run to maturity. Find its price (per $100 face value) to yield...
A Treasury Bond pays half-yearly interest at the rate of 11.5% pa, and has 6 years to run to maturity. Find its price (per $100 face value) to yield 12% pa convertible half-yearly. Give your answer in dollars and cents to 2 decimal places. Price?
