What is the dollar price

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Problem

Assume you purchase a $100,000 par value Treasury coupon security; calculate the dollar price for the given quoted price.

I. The quoted price for a $100,000 par value Treasury coupon security is 103-28, what is the dollar price? Get the instant assignment help.
II. The quoted price for a $100,000 par value Treasury coupon security is 105-05+, what is the dollar price?

Reference no: EM133983596

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