Clean and dirty prices Consider a bond that is currently quoted at 102.5. The bond pays a
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Clean and dirty prices Consider a bond that is currently quoted at 102.5. The bond pays a 6 % coupon, semiannually. You bought this bond one-fourth of the way through a coupon cycle. How much would you pay for this bond? In other words, what is the “dirty” price?
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Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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