Question: A 15-year bond with a $1,000 face value has a yield to maturity is 3.0% and it's coupon rate is 5.0% paid semiannually. The dirty
A 15-year bond with a $1,000 face value has a yield to maturity is 3.0% and it's coupon rate is 5.0% paid semiannually. The dirty price of this bond exactly 3 months after its fifth coupon payment is closest to ________. Assume that the yield to maturity remains at 3.0% after the fifth coupon payment.
$1216
$1241
$1119
$1053
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