In November 2017, Treasury 4 1/2s of 2044 offered a semiannually compounded yield to maturity of 2.66%. Recognizing that coupons are paid semiannually, calculate the bond's price. Assume face value is $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In November 2017, Treasury 4 1/2s of 2044 offered a semiannually compounded yield to maturity of 2.66%. Recognizing that coupons are paid ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Carlos transfers property with a tax basis of $820 and a fair market value of $1,145 to a corporation in exchange for stock with a fair market value of $995 and $69 in cash in a transaction that qualifies for deferral under section 351.
Answers (1)
Sheffield Corporation's weekly payroll of $28,000 included FICA taxes withheld of $2,142, federal taxes withheld of $3,130, state taxes withheld of $930, and insurance premiums withheld of $270.
Answers (1)
It is to say that Blue Hamster's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $4,194,250 and $5,121,531, respectively.
Answers (1)
The amount of money that the public wants to hold in the form of cash will
Answers (1)
What type of software has been developed to enable users to make use of the vast amount of data being collected and organized today? A. Database software B. Word processing software C. Spreadsheets D. Analytics software
Answers (2)
New Questions in Business
Video quiz the story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of
Answers (1)
Granting a foreign company the right to manufacture your product your product or to use your firm's trademark in return for a fee is called:
Answers (1)
The paranting style which takes the concerns of all family members into account when making decisions is
Answers (1)
At the beginning of the year, Novak had an inventory of $550000. During the year, the company purchased goods costing $2340000.
Answers (1)
In presidential elections, voters often find that they do not agree with any single candidate in all issues that matter to them this is known as a. rent seekingbehaviorb. lack of accountabilityc. principal agent problemd.
Answers (1)