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Assume that th Wall Street Journal lists that a $1,000 face value, 3 years to maturity Treasury note is selling for a 94:17. Tresury not
Assume that th Wall Street Journal lists that a $1,000 face value, 3 years to maturity Treasury note is selling for a 94:17. Tresury not ($1,000 principal) has 4.500% annual coupon rate, paid semi-annually. The T-note was purchased 27 days after the last coupon payment. The current coupon period contains 184 days. Calculate the price of Treasury note with accrued interest.
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