Question: A six - year, $ 1 0 0 0 face value bond pays interest semiannually on March 1 and September 1 . Assume today is
A sixyear, $ face value bond pays interest semiannually on March and September Assume today is November What is the current difference, if an between this bond's clean and dirty prices?
Multiple choice
a No difference
b Two months' interest
c One month's interest
d Five months' interest
e Four months' interest
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