Question: The following data relate to a corporate bond that pays coupons semi-annually: Settlement date 01 March 2022 Maturity date 31 December 2045 Coupon rate 9%

The following data relate to a corporate bond that pays coupons semi-annually: Settlement date 01 March 2022 Maturity date 31 December 2045 Coupon rate 9% Yield to maturity 10% Face value $1,000 Percentage of face value paid back to the investor on maturity 100% Using the above data, calculate i. The flat price of the bond ii. Accrued interest iii. Invoice price of the bond

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