Suppose that today's date is April 15. A bond with a 7% coupon paid semiannually every January

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Suppose that today's date is April 15. A bond with a 7% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.50. If you buy the bond from a dealer today, what price will you pay for it?(Round your answer to 2 decimal places.)

Posted Date: May 20, 2024 06:04 AM

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Suppose that today's date is April 15. A bond with a 7% coupon paid semiannually every January

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