A European corporation has issued bonds with a par value of SFr 1,000 and an annual coupon

Question:

A European has issued bonds with a of SFr 1,000 and an annual of 5 percent. The last on these bonds was paid four months ago, and their current clean price is 90 percent.
a. If these bonds are international bonds, what is their full price?
b. Would your answer to part (a) be different if the bonds were not international bonds but were issued in the Swiss domestic bond market?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...