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Unformatted text preview: Data on Zero’s or Treasury Strips Maturity Bid Asked Chg Asked yield 2039 Aug 15 27.081 27.0910.029 4.70 First determine the n= years to maturity from 772011 to 8153039 then use your calculator to solve for i with pmt = 0 and data given above. n = 28 + 39/365 yrs = 28.107 yrs. (Keep calc set to 2 pmt/year) PV = 27.091; FV = 100; pmt = 0; => i = 4.701 =4.70...
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This note was uploaded on 02/22/2012 for the course MANEC 453 taught by Professor Jerrynelson during the Winter '10 term at BYU.
 Winter '10
 JerryNelson

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