Question
A 8% German corporate bond is priced for settlement on 8 June 2019. The bond makes semiannual coupon payments on 15 March and 15 September
A 8% German corporate bond is priced for settlement on 8 June 2019. The bond makes semiannual coupon payments on 15 March and 15 September of each year and matures on 15 September 2039. Using the 30/360 day-count convention, calculate the full (dirty) price, the accrued interest, and the flat (clean) price per EUR100 Par. The bond is selling today at a ytm of 6.8%
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
