Consider a Treasury note maturing 11/04/2021, offering a coupon rate of 6% p.a., with a face value

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Consider a Treasury note maturing 11/04/2021, offering a coupon rate of 6% p.a., with a face value of $ 100.

(a) What is the accrued interest component as of today (Mar 4th 2021)?

(b) If this security is quoted today by the WSJ to have a clean price of $ 101.65, what is the corresponding dirty price?

Related Book For answer-question

Essentials of Investments

ISBN: 978-0077835422

10th edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Apr 03, 2024 03:05 AM

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Consider a Treasury note maturing 11/04/2021, offering a coupon rate of 6% p.a., with a face value

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Essentials of Investments

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