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On March 18, 2021, you purchased a $1,000 par T-note that matures in five years....

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Finance

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On March 18, 2021, you purchased a $1,000 par T-note that matures in five years. Settlement occurs two days after purchase. The coupon rate is 5.25 percent and the price quote is 104-8. The last coupon payment was November 15, 2020, and the next payment is May 15, 2021. The dirty price of the note is Multiple Choice $1.066.17 $1,060.39 $1,042.50 None of these answers $1,060.67

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