Question: Suppose there is a 10-year bond with a face value of $1000 and a 12% coupon rate payable semiannually. The next coupon payment is in
Suppose there is a 10-year bond with a face value of $1000 and a 12% coupon rate payable semiannually. The next coupon payment is in four months. What is the approximate difference between the clean price and the dirty price today?
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