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You buy a 6% coupon T-bond with par value of $1,000. You become the owner 25 days after the last coupon payment, and there are
You buy a 6% coupon T-bond with par value of $1,000. You become the owner 25 days after the last coupon payment, and there are 157 days remaining until the next coupon payment. The bonds clean price is $1,025. Calculate the dirty price (also referred to as the full price or invoice price).
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