Question: Consider a bond with a 5.2% coupon and a yield to maturity of 8% maturing in just over 8 years. Suppose the bond was purchased
Consider a bond with a 5.2% coupon and a yield to maturity of 8% maturing in just over 8 years. Suppose the bond was purchased 149 days after the most recent coupon was paid. If there are 182 days in the current coupon period, find (based on $1000 face value)
(a) The Full Price
(b) The Clean Price
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