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Business, 22.02.2020 04:24 Aubreigh29
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.)
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In November 2017, Treasury 4 1/2s of 2044 offered a semiannually compounded yield to maturity of 2.6...
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