On 15/04/22 a coupon bond is trading in the market place with a coupon rate of 7%

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On 15/04/22 a coupon bond is trading in the market place with a coupon rate of 7% anda face value of (100. If the coupon is paid annually on 30/09 and the dirty price of the bond is E101.38, the
clean price of the bond is?

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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Posted Date: Jun 02, 2023 09:28 AM

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On 15/04/22 a coupon bond is trading in the market place with a coupon rate of 7%

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To calculate the clean price of the bond we need to subtract the accrued interest from the dirty pri... View the full answer

Contemporary Business Mathematics With Canadian Applications

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