A 3-yr T-note with a face value of $1000 and a coupon rate of 3.25% p.a. is

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A 3-yr T-note with a face value of $1000 and a coupon rate of 3.25% p.a. is trading at par. If you hold the above T-note for 2 months and then sell it at a yield of 5% p.a., the dirty price is? and the clean price?

Related Book For answer-question

Financial Markets And Institutions

ISBN: 978-0132136839

7th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Posted Date: Feb 25, 2020 07:12 AM

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A 3-yr T-note with a face value of $1000 and a coupon rate of 3.25% p.a. is

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We know that the clean price of the bond is the offered price of the bond excluding the accrued ... View the full answer

Financial Markets And Institutions

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