Question: HW12: Problem 12 Previous Problem List Next (1 point) A $1000 par value 7% bond with semiannual coupons matures at par on October 15, 2015.

 HW12: Problem 12 Previous Problem List Next (1 point) A $1000

HW12: Problem 12 Previous Problem List Next (1 point) A $1000 par value 7% bond with semiannual coupons matures at par on October 15, 2015. The bond is purchased on August 24, 2003 to yield the investor i(2) dates and use an exact day count. -8%. What is the purchase price (flat price)? Assume simple interest between bond coupon ANSWER-$

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