Question: Consider a 5 bond, maturing 12/31/02 (coupon payment date is 06/30 and 12/31), trading at 101:11 for settlement 8/12/02. Calculate accrued interest and invoice
Consider a 5 bond, maturing 12/31/02 (coupon payment date is 06/30 and 12/31), trading at 101:11 for settlement 8/12/02. Calculate accrued interest and invoice price (M=100,000). b) Consider now a 15 bond, maturing 3/31/03, trading at 102:15 for settlement 8/12/02. Calculate accrued interest and invoice price (M-100,000).
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a Coupon Rate 5125 The value of the bond is 100000 So Coupon Interest value of the bond coupon rat... View full answer
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