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Business, 05.11.2019 03:31 biancaTomas010B

You buy a 6% coupon $1,000 par t-bond 59 days after the last coupon payment. settlement occurs in two days. you become the owner 61 days after the last coupon payment (59+2), and there are 121 days remaining until the next coupon payment. the bonds clean price quote is 120.59375. what is the full or dirty price (sometimes called the invoice price)

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You buy a 6% coupon $1,000 par t-bond 59 days after the last coupon payment. settlement occurs in tw...

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