1.You purchase a bond with an clean price of $903. The bond has a coupon rate of 3 percent, and there are 1 months to the next semiannual coupon date. What is the dirty price of the bond? Enter the answer with 2 decimals (e.g. 954.23).

2. Ackerman Co. has 11 percent coupon bonds on the market with 9 years left to maturity. The bonds make semiannual payments. If the bond currently sells for $1,035.16, what is its YTM? Answer with 4 decimals (e.g. 0.0123)

Answer rating: 100% (QA)

Bond Pricing and Yield to Maturity Calculations 1 Dirty Price of the Bond Formula Dirty Price Clean ... View the full answer