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A B D E F G H 1 51 52 Question 3 (8 points) Calculate the Invoice Price of the Elm Corp.'s Corporate Bond given
A B D E F G H 1 51 52 Question 3 (8 points) Calculate the Invoice Price of the Elm Corp.'s Corporate Bond given the following information 53 54 55 56 1,000 57 99.000 58 INPUT Face Value Trading Price Trading Date Coupon Rate Coupon Payment Days Frequency = 59 Wednesday, January 16 7.25% Mar 31, Sep 30 2 60 61 62 63 ANSWERS 64 Price = 65 66 Invoice Price = 67 A 68 Current Yield = 69 A B D E F G H 1 51 52 Question 3 (8 points) Calculate the Invoice Price of the Elm Corp.'s Corporate Bond given the following information 53 54 55 56 1,000 57 99.000 58 INPUT Face Value Trading Price Trading Date Coupon Rate Coupon Payment Days Frequency = 59 Wednesday, January 16 7.25% Mar 31, Sep 30 2 60 61 62 63 ANSWERS 64 Price = 65 66 Invoice Price = 67 A 68 Current Yield = 69
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