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A Treasury note with a 6% coupon, semiannual payments, and par value of $1,000 yields 5.6% and has four payments left to maturity. There are
A Treasury note with a 6% coupon, semiannual payments, and par value of $1,000 yields 5.6% and has four payments left to maturity. There are 108 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)?
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