Business, 04.11.2020 18:20 martinezkimberly706

Assume the bond’s quoted ("clean") price is $1,135.56, the bond has the coupon rate of 8.4% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bond’s invoice ("dirty") price if the last coupon payment took place five months ago?

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Assume the bond’s quoted ("clean") price is $1,135.56, the bond has the coupon rate of 8.4% and that...