Question
you bought a $10,000 face value of us Treasury bond that matures on February 15, 2047. at the time of your purchase, the dealer's bid
you bought a $10,000 face value of us Treasury bond that matures on February 15, 2047. at the time of your purchase, the dealer's bid price was 102.625 and the asking price was 102.630. how much did you pay for the bond? (ignore accrued interest)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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