It is April 7, 2014. The quoted price of a US government bon
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It is April 7, 2014. The quoted price of a US government bond with a 6% per annum coupon (paid semiannually) is 120-00.
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It is April 7, 2014. The quoted price of a US government bond with a 6% per annum coupon (paid semiannually) is 120-00. The bond matures on July 27, 2023. What is the cash price? How does your answer change if it is a corporate bond?
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