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Suppose we have a T-note with a 1.75% coupon and maturity date of 15-May-2023. On Friday, Sep 16, 2022 we see a quote of 98.50
Suppose we have a T-note with a 1.75% coupon and maturity date of 15-May-2023. On Friday, Sep 16, 2022 we see a quote of 98.50 bid, 98.55 ask. (Assume $100 face. Round to nearest $0.0001 or 0.0001%).
(a) What are the coupons dates and cash flows?
(b) What is the dirty bid price?
(c) What is the YTM (to nearest 0.0001%) at the bid price?
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