Andy purchased a 6% coupon rate commonwealth Government Securities (CGS), which mature in 2022 June. Assume the

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Andy purchased a 6% coupon rate commonwealth Government Securities (CGS), which mature in 2022 June. Assume the par value is 100, and YTM is 5% P.A. Calculate the CGS price when Andy purchased this bond on 9th of June 2020,

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Principles Of Managerial Finance

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Posted Date: Apr 20, 2024 06:49 AM

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Andy purchased a 6% coupon rate commonwealth Government Securities (CGS), which mature in 2022 June. Assume the

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Principles Of Managerial Finance

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