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Assume you purchase a $100,000 par value Treasury coupon security, calculate the dollar price for the given quoted price. a. The quoted price for a

Assume you purchase a $100,000 par value Treasury coupon security, calculate the dollar price for the given quoted price.

a. The quoted price for a $100,000 par value Treasury coupon security is 103-284, what is the dollar price?

b. The quoted price for a $100,000 par value Treasury coupon security is 105-059, what is the dollar price?

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