What is the dirty price that the investor will pay

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On September 15, 2016, an investor purchases $10,000 face value of a Treasury bond that matures in 12 years (assume exactly 12 years). The coupon rate is 6.00%, and the investor buys the bond 46 days after the last coupon payment and 138 days before the next. The ask yield is 7%. What is the dirty price that the investor will pay for the bond?

Reference no: EM132171875

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