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A 7% corporate bond is priced for settlement on 14th may 2018. the bond makes semi annual coupon payment on 15 feburary and 15 august
A 7% corporate bond is priced for settlement on 14th may 2018. the bond makes semi annual coupon payment on 15 feburary and 15 august of each year and matures on 15 august 2025. accured interest rate based on the 30/365 day count convention and there are 89 days in the accural period. Calculate the full price,the accured price the flat price per $100 of par value if they yeild maturity is 7.2%
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