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FIGURE 2 . 3 Listing of Treasury bond issues table [ [ Maturity , Coupon,Bid,Asked,Change,Asked yield to maturity ] , [ 3 1 -
FIGURE Listing of Treasury bond issues
tableMaturityCoupon,Bid,Asked,Change,Asked yield to maturityDecemberDecemberMayMayFebruaryMay
Source: The Wall Street Journal Online, September
Refer to Figure and look at the Treasury bond maturing in February
Required:
points
a How much would you have to pay to purchase one of these bonds? Round your answer to decimal places.
Answer is complete but not entirely correct.
tablePurchase price,$
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