Question: FINANCIAL MATHEMATICS Use financial calculator or excel to calcute the question A 10-year $1,000,000,000 bond was issued on July 15, 2020. If the coupon is
FINANCIAL MATHEMATICS
Use financial calculator or excel to calcute the question
A 10-year $1,000,000,000 bond was issued on July 15, 2020. If the coupon is j2 10% and investors require 12% yield, compute the dirty price, the clean price, and the quotation of the bond on March 5, 2023 (use the actual/actual day count)
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