Hi there,
I am new to this forum. I would be grateful if anyone could help to answer this question
"if required yield on undated 8% Treasury with par value £100 is 6%, what is its price?" this question is bugging since yesturday evening. What is the formula to use in this situation
Many Thanks in advance
Aramis
I am new to this forum. I would be grateful if anyone could help to answer this question
"if required yield on undated 8% Treasury with par value £100 is 6%, what is its price?" this question is bugging since yesturday evening. What is the formula to use in this situation
Many Thanks in advance
Aramis