A Treasury bond that settles on August 10, 2022, matures on November 5, 2029. The coupon rate is 6.8 percent and the quoted price is 118 11/32. What is the bond's yield to maturity? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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A Treasury bond that settles on August 10, 2022, matures on November 5, 2029. The coupon rate is 6.8 percent and the
11811
32
quoted price is
What is the bond's yield to maturity? Note: Do not round intermediate calculations. Enter your
answer as a percent rounded to 2 decimal places. Yield to maturity
A Treasury bond that settles on August 10, 2022, matures on November 5, 2029. The coupon rate is 6.8 percent and the quoted price
is 118 11/32. What is the bond's yield to maturity?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
Yield to maturity
Transcribed Image Text:A Treasury bond that settles on August 10, 2022, matures on November 5, 2029. The coupon rate is 6.8 percent and the 11811 32 quoted price is What is the bond's yield to maturity? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Yield to maturity A Treasury bond that settles on August 10, 2022, matures on November 5, 2029. The coupon rate is 6.8 percent and the quoted price is 118 11/32. What is the bond's yield to maturity? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Yield to maturity
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