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Each of the following semi-annual coupon U.S. Treasury bonds has a face value of $100.00 and has 2 years until maturity. Each uses a 360-day
Each of the following semi-annual coupon U.S. Treasury bonds has a face value of $100.00 and has 2 years until maturity. Each uses a 360-day interest basis. Please round your answer to 2 decimal places. Calculate the fair value for each of the following treasury bonds: market yield is 3.5%, coupon yield is 6.45%
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