6. (Accrued interest, YTM) On 26 February 2015, a UtilityCorp 8.2% bond maturing 15 January 2021 is...

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6. (Accrued interest, YTM) On 26 February 2015, a UtilityCorp 8.2% bond maturing 15 January 2021 is priced at 103.790 per $100 of face value (this price does not include the accrued interest). The bond was originally issued in 1992. The bond pays interest semi-annually, on 15 January and 15 July of each year.

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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