A bond has an annual coupon of 5%, which makes semiannual payments. The next payment is...
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A bond has an annual coupon of 5%, which makes semiannual payments. The next payment is 3 months away. The bonds quoted price is 105.1 with par of $1000, what is the bond's dirty price? (Please use at least 5 decimal places and do not use $ symbol in the answer) A bond has an annual coupon of 5%, which makes semiannual payments. The next payment is 3 months away. The bonds quoted price is 105.1 with par of $1000, what is the bond's dirty price? (Please use at least 5 decimal places and do not use $ symbol in the answer)
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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