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It is May 25, 2017. The quoted price of a government bond with a 6% coupon is 109-27. The bond matures on July 27, 2034.
It is May 25, 2017. The quoted price of a government bond with a 6% coupon is 109-27. The bond matures on July 27, 2034. What is the dirty price (invoice amount) for this bond?
Actual days in coupon period: 181
(February had 28 days that year)
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