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An investor purchases 2 treasury bonds with a quoted price of 95 and a settlement date of 7/25 (non-leap year). The bonds have a coupon
An investor purchases 2 treasury bonds with a quoted price of 95 and a settlement date of 7/25 (non-leap year). The bonds have a coupon rate of 4%, and a maturity date of 5/15/2040. What is the invoice price on the bond? Numeric Response An investor purchases 2 treasury bonds with a quoted price of 95 and a settlement date of 7/25 (non-leap year). The bonds have a coupon rate of 4%, and a maturity date of 5/15/2040. What is the invoice price on the bond? Numeric Response
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