Question: QUESTION 2 Using the information given below, find the dirty-price the bond 2 months after the 10th coupon is paid. The dirty-price is also called

QUESTION 2 Using the information given below, find the dirty-price the bond 2 months after the 10th coupon is paid. The dirty-price is also called the price-plus-accrued and it includes any accrued interest. Term: 20 Years Yield Rate: 4.5% compounded semiannually Annual Coupon Rate: 2.5% payable semiannually Face Value: 1000 Redemption Value: Par or Face Value Give your answer as a whole number (i.e. X). Note: Coupons are paid at the end of every six month period. QUESTION 3 Using the information given below, find the clean-price the bond 2 months after the 10th coupon is paid. The clean-price is also called the market price and it removes (via a linear method) the included interest. This removal allows comparison between different bonds. Term: 20 Years Yield Rate: 4.5% compounded semiannually Annual Coupon Rate: 2.5% payable semiannually Face Value: 1000 Redemption Value: Par or Face Value Give your answer as a whole number (i.e. x). Note: Coupons are paid at the end of every six month period
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