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On September 1, 2012 an investor purchases a $10,000 par T-Bond that matures in 12 years. The coupon rate is 6% and the investor buys
On September 1, 2012 an investor purchases a $10,000 par T-Bond that matures in 12 years. The coupon rate is 6% and the investor buys the bond 70 days after the last coupon payment (110 days before the next). The ask yield is 7%. The dirty price of the bond is?
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