Consider a Treasury note maturing 11/04/2021, offering a coupon rate of 6% p.a., with a face value
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Question:
Consider a Treasury note maturing 11/04/2021, offering a coupon rate of 6% p.a., with a face value of $ 100.
(a) What is the accrued interest component as of today (Mar 4th 2021)?
(b) If this security is quoted today by the WSJ to have a clean price of $ 101.65, what is the corresponding dirty price?
Related Book For
Essentials of Investments
ISBN: 978-0077835422
10th edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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