Question: Consider a corporate bond maturing on 7/5/2038 with a settlement date of 7/21/2023. Coupon rate is 6% and YTM is 8%. Assuming 30/360 day count
Consider a corporate bond maturing on 7/5/2038 with a settlement date of 7/21/2023. Coupon rate is 6% and YTM is 8%. Assuming 30/360 day count basis and semiannual compounding, what is the bond's clean price? $827.30 $1.668.18 $868.67 OOOO $860.39 $819,03
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