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View Full Version : Derive the probability distribution of the 1-year HPR on a 30-year U.s Treasury bond


industrymajor
Jan 17, 2013, 10:03 AM
Fiancial Portfolio Management.

Derive the probability distribution of the 1-year HPR on a 30-year U.s Treasury bond with *% coupon if it is selling at par and the probability of its yield to maturity as follows:

Probability is .20, YTM is 11%. I need to see how to calculate price, capital gain and Holding period rate (HR).