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Posted on Aug 17, 2024

On January 2 2 , 2 0 2 2 an investor buys a $ 1 0 , 0 0 0 Treasury bond with a coupon

On January

22, 2022

an investor buys a $

10, 000

Treasury bond with a coupon rate of

5.25 %

that will mature on April

15, 2029 .

What are the full and the clean price of this note if its YTM is

1.70 % ?

Please DO NOT calculate using excel.

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