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3 12 points Required: Suppose that today's date is April 15. A bond with a 8% coupon paid semiannually every January 15 and July
3 12 points Required: Suppose that today's date is April 15. A bond with a 8% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.500. If you buy the bond from a dealer today, what price will you pay for it? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Invoice price: eflook References
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
