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How did they get 104.7366% from the table Refer to the Treasury-note and Treasury-bond quotes in a. What is the asking price on the 2.750
How did they get 104.7366% from the table
Refer to the Treasury-note and Treasury-bond quotes in a. What is the asking price on the 2.750 percent February 2019 Treasury-bond if the face value of the bond is $10,000 ? b. What is the bid price on the 0.875 percent February 2017 Treasurynote if the face value of the bond is $10,000 ? (For all requirements, round your answers to 2 decimal places. (e.g., 32.16)) Explanation a. The Ask price is $10,000104.7266%=$10,472.66. \begin{tabular}{|llllll|l|l|} \hline 2/15/2019 & 2.750 & 104.7109 & 104.7266 & -0.0234 & 0.989 & & 2022 May 15 \end{tabular}Step by Step Solution
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