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Question 3 1 pts A T-Bond with a coupon of 4.725% matures on January 20, 2030. Bid = 111:18 and Asked = 111:21. Face value
Question 3 1 pts A T-Bond with a coupon of 4.725% matures on January 20, 2030. Bid = 111:18 and Asked = 111:21. Face value of the T-Bond is $1,000,000. What is its bid price? $1,116,562.50 $1,115,625.00 $1,111,121.00 $1,111,180.00
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