A ( n ) 1 9 - year bond has a coupon of 9 % and is

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Question:

(

) 19 -

year bond has a coupon of

9 %

and is priced to yield

14 % .

Calculate the price per

1, 000

par value using

semi

-

annual compounding. If an investor purchases this bond two months before a scheduled coupon

payment, how much accrued interest must be paid to the

seller?

Posted Date: May 18, 2024 11:04 PM

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A ( n ) 1 9 - year bond has a coupon of 9 % and is

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