Accrued Interest You purchase a bond with a coupon rate of 6.8 per cent and a clean
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Accrued Interest You purchase a bond with a coupon rate of 6.8 per cent and a clean price of £10,730, face value is £10,000. If the next semi-annual coupon payment is due in 2 months, what is the invoice price?
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Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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