A Treasury note with a 4% coupon, semiannual payments, and par value of $1,000 yields 4.5% and

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A Treasury note with a 4% coupon, semiannual payments, and par value of $1,000 yields 4.5% and has four payments left to maturity. There are 129 days until the next coupon payment and 182 days between coupons. What is the clean price of the note (i.e., price net of accrued interest)?

Posted Date: Jul 11, 2024 05:05 AM

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A Treasury note with a 4% coupon, semiannual payments, and par value of $1,000 yields 4.5% and

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