Question
T-Bond Quotations Table 1 (15-Sep) Maturity Coupon Bid Asked Chg Asked Yield 2039 Apr 15 3.5 96.125 96.6065 -45 3.7844 Table 2 (10-Nov) Maturity Coupon
T-Bond Quotations | |||||
Table 1 (15-Sep) |
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Maturity | Coupon | Bid | Asked | Chg | Asked Yield |
2039 Apr 15 | 3.5 | 96.125 | 96.6065 | -45 | 3.7844 |
Table 2 (10-Nov) |
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Maturity | Coupon | Bid | Asked | Chg | Asked Yield |
2039 Apr 15 | 3.5 | 102.65 | 102.75 | -72 | 3.4351 |
15-Sep: The total dollar amount invested in the 2039 Apr 15 T-bond, based on a $5,000 par value, is:
Nov. 10th: Assume the investor sells the 2039 Apr 15 T-Bond under the conditions stated below. Continue to assume a $5,000 par and do not include AI in your answers.
a. What dollar price ($) will the dealer pay pay based on the clean quote?
b. What dollar price ($) will a non-dealer/investor pay pay based on the clean quote?
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