The price quotations of treasury bonds in wall street, Financial Management

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The price quotations of treasury bonds in wall street

The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104:08 and a bid price of 104:04. Coupon rate is 10% and the last coupon was paid 30 days ago and next is going to be paid in 153 days. As a buyer of the bond what is the dollar price you expect to pay?

Please explain in detail.

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Financial Management: The price quotations of treasury bonds in wall street

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