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It is January 9, 2017, The price of a Treasury bond with a 6% coupon that matures on Oct 12, 2030. is quoted as 102-05.
It is January 9, 2017, The price of a Treasury bond with a 6% coupon that matures on Oct 12, 2030. is quoted as 102-05. What is the cash price? (This bond pays coupons on Oct 12 and Apr 12. Excel might be helpful in calculating the difference in dates.) (required precision: 0.01 +/- 0.01)
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