Bond 6's yield is 4.4270%. What is the price quote for bond 6 in the table?...

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Bond 6's yield is 4.4270%. What is the price quote for bond 6 in the table? (Note: Do not include a dollar sign in your answer. Include 3 decimal places.) Coupon Maturity Settlement Number Issuer Rate Date Date Day count 123 Apple 3.250% 8/8/2029 4/17/2023 360 Apple 3.350% 8/8/2032 4/17/2023 360 Apple 3.950% 8/8/2052 4/17/2023 360 4 Apple 4.100% 8/8/2062 4/17/2023 360 5 Apple 3.850% 5/4/2043 4/17/2023 360 6 Apple 4.450% 5/6/2044 4/17/2023 360 7 Apple 2.500% 2/9/2025 4/17/2023 360 Bond 6's yield is 4.4270%. What is the price quote for bond 6 in the table? (Note: Do not include a dollar sign in your answer. Include 3 decimal places.) Coupon Maturity Settlement Number Issuer Rate Date Date Day count 123 Apple 3.250% 8/8/2029 4/17/2023 360 Apple 3.350% 8/8/2032 4/17/2023 360 Apple 3.950% 8/8/2052 4/17/2023 360 4 Apple 4.100% 8/8/2062 4/17/2023 360 5 Apple 3.850% 5/4/2043 4/17/2023 360 6 Apple 4.450% 5/6/2044 4/17/2023 360 7 Apple 2.500% 2/9/2025 4/17/2023 360

Answer rating: 100% (QA)

Answer To find the price quote for Bond 6 we first need to determine the characteristics of the bond ... View the full answer