Question
1.A. Yahoo bond pays coupon interest 2.75% semi-annually on face value $100. Bond is sold on November 14, 2017. Bond matures in April 14, 2035.
1.A. Yahoo bond pays coupon interest 2.75% semi-annually on face value $100. Bond is sold on November 14, 2017. Bond matures in April 14, 2035. Bond is priced to yield the investor 2.80%. How much is the bonds price (clean)? How much is the bonds accrued interest? How much is the bonds dirty price?
1.B. A US Treasury note with interest rate 3.10%/ matures on Aug 15, 2020 pays semi-annually on face value $100. Bond is purchased on December 3, 2018. Bond is priced to yield the investor 3.20%. How much is the bonds price (clean)? How much is the bonds accrued interest? How much is the bonds dirty price?
Dates are given in the question!!
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
