Assume you hold a 20 month to maturity bond, with 1,000 face value, semi annual coupons of 7 p a , interest rate to discount is 8 p a compounded semi annually What is the clean price of the bond ...

To calculate the clean price of a bond we need to find the present value of its future cash flows wh ...

Assume you hold a 20-month to maturity bond, with 1,000 face value, semi- annual coupons of 7%

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Assume you hold a 20-month to maturity bond, with £1,000 face value, semi- annual coupons of 7% p.a., interest rate to discount is 8% p.a. compounded semi- annually.

What is the clean price of the bond?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Apr 19, 2024 09:01 PM

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Assume you hold a 20-month to maturity bond, with 1,000 face value, semi- annual coupons of 7%

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Fundamentals of Investing

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