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A 20-year semi-annual bond with a $1,000 face value was issued with a Yield- to-Maturity of 4.30% and a coupon rate of 3.80%. After 10
A 20-year semi-annual bond with a $1,000 face value was issued with a Yield- to-Maturity of 4.30% and a coupon rate of 3.80%. After 10 years, the Yield-to- Maturity is still 4.30% and the clean price of the bond is $959.71. After four more months go by, what would you expect the dirty price to be? $969.21 $972.37 $966.04 $975.54 $959.71
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