Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price...
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Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date Bank of Montreal 3.5% 106.15 June 1, 2030 January 23, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number nollial Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date Bank of Montreal 3.5% 106.15 June 1, 2030 January 23, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number nollial
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To calculate the total price of the bond we need to add the accrued interest to the quoted price The ... View the full answer
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date:
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