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please do not use excel Example: A $10,000 face value U.S. Treasury note with a coupon rate of 741% has an ask quote of 118.0313.

please do not use excel image text in transcribed
Example: A $10,000 face value U.S. Treasury note with a coupon rate of 741% has an ask quote of 118.0313. The bond made a coupon payment 95 days ago and the next coupon payment will be made in 88 days. If you purchase the bond today, how much would you pay

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