Question: Eric is considering buying a bond with a $ 1 , 0 0 0 par value that has 1 6 semi - annual coupon payments
Eric is considering buying a bond with a $ par value that has semiannual coupon payments remaining until the bond matures. The semiannual interest payments are $ and the annual discount rate is percent. Assume that there are days in the coupon period and that there are days between the settlement date and the next coupon payment date. The price Eric will most likely pay for the bond is a combination of:
Question options:
The bid price plus $
The ask price plus $
The bid price plus $
The ask price plus $
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