Question: Consider a bond with a 4.8% coupon and a yield to maturity of 8.9% maturing in just over 17 years. Suppose the bond was

Consider a bond with a 4.8% coupon and a yield to maturity

Consider a bond with a 4.8% coupon and a yield to maturity of 8.9% maturing in just over 17 years. Suppose the bond was purchased 119 days after the most recent coupon was paid. If there are 181 days in the current coupon period, find (based on $1000 face value) (a) The Full Price $ (b) The Clean Price $

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