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What is its quoted price

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A noncallable Treasury bond has a quoted yield of 4.48 percent. It has a 5.45 percent coupon and 15 years to maturity.

a. What is its dollar price assuming a $1,000 par value? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Dollar price $

b. What is its quoted price?

Reference no: EM13682300

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