A noncallable treasury bond has a quoted yield of 523, Financial Management

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A noncallable treasury bond has a quoted yield of 523

A noncallable Treasury bond has a quoted yield of 5.23 percent. It has a 6.2 percent coupon and 14 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?

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Financial Management: A noncallable treasury bond has a quoted yield of 523

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