Question: A $1,000 face value, semiannual payment U.S. Treasury note with a coupon rate of 7% has an ask quote of 118:25 and bid quote of
A $1,000 face value, semiannual payment U.S. Treasury note with a coupon rate of 7% has an ask quote of 118:25 and bid quote of 118:12. The bond made a coupon payment 84 days ago . If you selling it the today, the invoice price is______? Keep two decimal places
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