Question: pls help Problem 10-29 (Algo) Required: Suppose that today's date is April 15. A bond with a 9% coupon paid semiannually every January 15 and
pls help
Problem 10-29 (Algo) Required: Suppose that today's date is April 15. A bond with a 9% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 102.000. If you buy the bond from a dealer today, what price will you pay for it? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Invoice price
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