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(2) Suppose that it is March 9, 2017, and the bond under consideration is an 9% coupon payment due on July 10,2034 , with a
(2) Suppose that it is March 9, 2017, and the bond under consideration is\ an
9%
coupon payment due on July 10,2034 , with a quoted price of\
95:(06)/(32)
. Because coupons are paid semiannually on government\ bonds, the most recent coupon date is January 10, 2017, and the next\ coupon date is July 10,2017 . What is dirty price for a treasury bond\ with face value
$1,000
if delivered on March 9, 2017? (Chapter 2)
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