Question: ( 1 point ) ( Exercise 6 . 1 9 ) A $ 1 0 0 0 par value 5 % bond with semiannual coupons
pointExercise A $ par value bond with semiannual coupons matures
at par on October The bond is purchased on July to yield the investor
What is the purchase price flat price Assume simple interest between
bond coupon dates and use an exact day count.
ANSWER $
ANSWER IS WRONG
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