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1. On Oct 9, 2020, you purchase a $10,000 T-note that matures on Nov 15, 2029. The coupon rate on the T-note is 1.75%. Settlement

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1. On Oct 9, 2020, you purchase a $10,000 T-note that matures on Nov 15, 2029. The coupon rate on the T-note is 1.75%. Settlement occurs two days later, Oct 11, 2020. The last coupon payment was made on Sep 15, 2017, and the next coupon payment will be paid on Mar 15, 2018 (64 days from settlement). a. As of Oct 11, 2020, when was the last coupon date? How many days passed from the last coupon date? How many days are left until the next coupon date? (Use Excel to calculate the number of days between two dates.) b. Calculate the full (dirty) price of the bond assuming the yield to maturity of the bond is 1.87%. C. Calculate the accrued interest due to the seller from the buyer at settlement. d. Calculate the clean price of the bond. 1. On Oct 9, 2020, you purchase a $10,000 T-note that matures on Nov 15, 2029. The coupon rate on the T-note is 1.75%. Settlement occurs two days later, Oct 11, 2020. The last coupon payment was made on Sep 15, 2017, and the next coupon payment will be paid on Mar 15, 2018 (64 days from settlement). a. As of Oct 11, 2020, when was the last coupon date? How many days passed from the last coupon date? How many days are left until the next coupon date? (Use Excel to calculate the number of days between two dates.) b. Calculate the full (dirty) price of the bond assuming the yield to maturity of the bond is 1.87%. C. Calculate the accrued interest due to the seller from the buyer at settlement. d. Calculate the clean price of the bond

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