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A 5% U.S. corporate bond is priced for settlement on July 20, 2015. The bond makes semiannual coupon payments on April 21 and October 21
A 5% U.S. corporate bond is priced for settlement on July 20, 2015. The bond makes semiannual coupon payments on April 21 and October 21 of each year and matures on October 21, 2021. The bond uses the 30/360 day-count convention for accrued interest.
Calculate the full price, accrued interest, and the flat price per USD 100 of par value if the stated annual YTM = 4.7%
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