Consider the following $ 1 , 0 0 0 face value bond which makes semi - annual

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Question:

Consider the following $

1, 000

face value bond which makes semi

-

annual coupon payments.

Rema

Bond

CIBC

9.5 %

Coupon rate

Price

107.84

Maturity

June

1, 2030

Settlement Date

January

6, 2019

What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.

Related Book For answer-question

Cambridge Checkpoint Lower Secondary Mathematics Student's Book 7

ISBN: 9781398301948

3rd Edition

Authors: Frankie Pimentel, Ric Pimentel, Terry Wall

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Posted Date: Apr 16, 2024 08:18 AM

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Consider the following $ 1 , 0 0 0 face value bond which makes semi - annual

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Cambridge Checkpoint Lower Secondary Mathematics Student's Book 7

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