It is January 9, 2019. The price of a Treasury bond with a 5% coupon...
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It is January 9, 2019. The price of a Treasury bond with a 5% coupon that matures on Oct 12, 2030, is quoted as 102-06. What is the cash price?
(This bond pays coupons on Oct 12 and Apr 12. Excel might be helpful in calculating the difference in dates.)
(required precision: 0.01 +/- 0.01)
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