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A 5 - year bond's coupon rate is 6 . 0 0 % and interest is paid semi - annually. Assume the par amount is
A year bond's coupon rate is and interest is paid semiannually. Assume the par amount is $ An investor purchased the bond with settlement today. The last coupon payment was months ago.
A What is the amount of coupon payment every six months?
B What is the accrued interest?
C If the price quote is what is the total amount to pay for the purchase?
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