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QUESTION 2 It is March 9, 2017. The price of a Treasury bond with a 10% coupon that matures on October 12, 2020, is quated
QUESTION 2 It is March 9, 2017. The price of a Treasury bond with a 10% coupon that matures on October 12, 2020, is quated as 102-11. What is the cash price? There are days between October 12, 2016, and March 9, 2017 There are days between October 12, 2016, and April 12, 2017, The quoted price is $ (Please round your answer to FOUR decimaplaces) The cash price is therefore $ (Please round your answer to FOUR decimal places)
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