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A $10,000 bond pays semi-annual coupons atj2 = 7% every March 2 and September 2. The bond is redeemable at par and is purchased between
A $10,000 bond pays semi-annual coupons atj2 = 7% every March 2 and September 2. The bond is redeemable at par and is purchased between coupon dates on May 15, 2021 to yield j2 = 6.5%. At the time of purchase there are 10 coupons remaining to be paid, plus the redemption value. What is the full (or dirty) price of the bond on May 15, 2021? O A $10,352.81 OB. $10,201.98 O C. $10,210.56 OD. $10,342.74
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