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On Nov 15, 2020, you purchased a Treasury bond with $1,000 par value that matures on Aug 15, 2035. The (annual) yield to maturity is
On Nov 15, 2020, you purchased a Treasury bond with $1,000 par value that matures on Aug 15, 2035. The (annual) yield to maturity is 4.10% and the annual) coupon rate is 3.25%. The number of dates between the last coupon date and the purchase date was 92 days, and the number of dates between the last coupon date and the next coupon date is 184 days. Calculate the full (dirty) price of the bond as of the purchase date. (Coupons are paid semiannually.) A. $914.70 B. $893.87 C. $878.36 D. $905.03 E. $882.93 At a recent auction of 10-year Treasury Note, total of $100,000,000 (par value) was offered for sale. The total amount of noncompetitive bids were $20,000,000. The highest accepted yield among competitive bids was 0.60%. How much did Treasury department raise by selling this security in total? (Coupons are paid seminannually.) A. $98,989,186 B. $99,030,819 C. $99,758,332 D. $99,276,869" E. $98,893,491 On Nov 15, 2020, you purchased a Treasury bond with $1,000 par value that matures on Aug 15, 2035. The (annual) yield to maturity is 4.10% and the annual) coupon rate is 3.25%. The number of dates between the last coupon date and the purchase date was 92 days, and the number of dates between the last coupon date and the next coupon date is 184 days. Calculate the full (dirty) price of the bond as of the purchase date. (Coupons are paid semiannually.) A. $914.70 B. $893.87 C. $878.36 D. $905.03 E. $882.93 At a recent auction of 10-year Treasury Note, total of $100,000,000 (par value) was offered for sale. The total amount of noncompetitive bids were $20,000,000. The highest accepted yield among competitive bids was 0.60%. How much did Treasury department raise by selling this security in total? (Coupons are paid seminannually.) A. $98,989,186 B. $99,030,819 C. $99,758,332 D. $99,276,869" E. $98,893,491
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