Question: For this question, substitute the correct numbers into the right formula. There is no need to complete the calculation. An 8% Australian corporate bond is

For this question, substitute the correct numbers into the right formula.

For this question, substitute the correct numbers into the right formula. There is no need to complete the calculation. An 8% Australian corporate bond is priced to settle on 18 September 2018. The bond makes semiannual coupon payments on 10 April and 10 October of each year and matures on 10 October 2022. Use a 30/360 day-count convention for accrued interest. The par value is $100, and the annual yield-to-maturity is 7.8%. Question: Assume the present value of the bond on 10 April 2018 is SABC. What is the full price (FullPrc) of the bond on the settlement date 18 September 2018

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