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You are interested in a 5-year T-note with a quoted clean price of $1134.54. The bond pays semi-annual coupons and last coupon of $25 was
You are interested in a 5-year T-note with a quoted clean price of $1134.54. The bond pays semi-annual coupons and last coupon of $25 was paid 123 days ago. There are 183 days in this coupon period. How do you need to pay for the T-note?
A, 1131.54
B, 1151.34
C, 1159.54
D, 1184.54
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