Business, 27.10.2020 17:30 anthonysutton82
Assume the bond’s invoice ("dirty") price is $1,054.23, the bond has the coupon rate of 7.5% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bond’s quoted ("clean") price if the last coupon payment took place five months ago?
Answers: 3
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Assume the bond’s invoice ("dirty") price is $1,054.23, the bond has the coupon rate of 7.5% and tha...
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