What is the full price of this bond given the required yield

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Reference no: EM131010346

Suppose that a U.S. Treasury note maturing June 15, 1995 is purchased with a settlement date of February 17, 1994. The coupon rate is 4.125% and the par value is $100,000. The next coupon date is June 15, 1994. What is the full (dirty) price of this bond given the required yield is 4.1%? (Note there are 182 days in the coupon period and there are 118 days between the settlement date and the next coupon date.)

Reference no: EM131010346

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