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You have purchased a 3-year U.S. Treasury Note (T-Note). The T-Note purchased has a 2.0% coupon rate (compounded semi-annually) and the current market Yield to

You have purchased a 3-year U.S. Treasury Note (T-Note). The T-Note purchased has a 2.0% coupon rate (compounded semi-annually) and the current market Yield to Maturity (YTM) is 2.45%. What is the market price of this $1,000 face value 3-year T-note?

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