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On Thursday, 2 9 February 2 0 2 4 , you purchase a $ 1 , 0 0 0 Treasury bond that matures on May
On Thursday, February you purchase a $ Treasury bond that matures on May settlement occurs one day after purchase, so you receive actual ownership of the bond on Friday, March The coupon rate on the Treasurynote is percent. The last coupon payment occurred on November and the next coupon payment will be paid on May The price that your dealer quotes you is $ Yields on similar bonds are currently percent.
Calculate the clean price of this bond.
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