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on October 5, 2019 you purchase a $13,000 T note that matures on August 15, 2031 -(settlement occurs two days after purchase so you'll receive
on October 5, 2019 you purchase a $13,000 T note that matures on August 15, 2031
-(settlement occurs two days after purchase so you'll receive actual ownership of the bonds on October 7, 2019.
-The coupon rate on the T-note is 4.393% and the current price quoted on the bond is 105.8125%
-the last coupon payment occurred on May 15, 2019 (145 days before settlement) and the next coupon payment will be paid on November2019 (39 days from settlement)
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