Question
1) Bond H, described in the table below, is sold for settlement on 20 April 2020. Annual Coupon 6% Coupon Payment Frequency Semiannual Interest Payment
1) Bond H, described in the table below, is sold for settlement on 20 April 2020.
Annual Coupon | 6% |
Coupon Payment Frequency | Semiannual |
Interest Payment Dates | 30 December and 30 June |
Maturity Date | 30 December 2025 |
Day-Count Convention | 30/360 |
Annual Yield-to-Maturity | 7% |
What is the amount of accrued interest for Bond H on the settlement date of 20 April 2020? Round your answer to three decimal places.
2)
Bond H, described in the table below, is sold for settlement on 20 April 2020.
Annual Coupon | 6% |
Coupon Payment Frequency | Semiannual |
Interest Payment Dates | 30 December and 30 June |
Maturity Date | 30 December 2025 |
Day-Count Convention | 30/360 |
Annual Yield-to-Maturity | 7% |
What is the flat price for Bond H on the settlement date of 20 April 2020? Round your answer to three decimal places.
3)
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