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Business, 27.06.2020 17:01 yesseniaroman21

"A 15-year 3 1/2% Treasury Bond is quoted at 98-4 - 98-9. The bond pays interest on Jan 1st. and Jul. 1st. A customer sells 5M of the bonds. Approximately how much will the customer receive, disregarding commissions and accrued interest"

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