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A 25-year corporate bond with a coupon of 5.0% was issued on 7/20/2001. On 4/2/2020, an investor sells $450,000 in par value at a quoted
A 25-year corporate bond with a coupon of 5.0% was issued on 7/20/2001. On 4/2/2020, an investor sells $450,000 in par value at a quoted price of 102.286. a. How many days of accrued interest are there? b. What is the bonds YTM?
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