What is the price you would have to pay for a $1,000 bond that you purchased with

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What is the price you would have to pay for a $1,000 bond that you purchased with a noncompetitive bid at an auction for 30-year Treasury Bonds where the stop-out yield was 4.120%? Please answer in dollars and cents.

Related Book For answer-question

Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Apr 09, 2024 11:48 AM

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What is the price you would have to pay for a $1,000 bond that you purchased with

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Fundamentals of Investing

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