It is January 9,2013 . The price of a Treasury bond with a (12 %) coupon that
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It is January 9,2013 . The price of a Treasury bond with a \(12 \%\) coupon that matures on October 12, 2020, is quoted as 102-07. What is the cash price?
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The cash price of a Treasury bond is the quoted price plus any accrued interest Accrued interest rep...View the full answer
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